Miscellaneous
Sherwin-Williams Commercial Store
2805 Terry Rd, Jackson, MS 39212
Listing Price: $1,051,000
Investment Overview
Marcus & Millichap is pleased to present this single-tenant Sherwin-Williams commercial store with over eight years of term remaining on a double net lease. Sherwin-Williams has been at this location since 1997 and executed an early lease renewal in 2022. The lease runs through April 2035 with an 11 percent rent increase in May 2030.
Sherwin-Williams Commercial Store
Investment Highlights
- Double Net Lease Through April 30th of 2035 (8.5 Years) with Long Term Occupancy Since 1997
- Below-Market Rent With 11 Percent Increase in 2030 That Increases the Cap Rate to 7.94 Percent
- Commercial Store Serving Professional Contractors With Expanded Product Offering Including Concrete, Marine and Protective Coatings
- Corporate Guarantee - Over 5,000 Locations and Growing
Broker of Record
Financing By
Listing Price: $1,051,000
Investment Highlights
- Double Net Lease Through April 30th of 2035 (8.5 Years) with Long Term Occupancy Since 1997
- Below-Market Rent With 11 Percent Increase in 2030 That Increases the Cap Rate to 7.94 Percent
- Commercial Store Serving Professional Contractors With Expanded Product Offering Including Concrete, Marine and Protective Coatings
- Corporate Guarantee - Over 5,000 Locations and Growing
Investment Overview
Marcus & Millichap is pleased to present this single-tenant Sherwin-Williams commercial store with over eight years of term remaining on a double net lease. Sherwin-Williams has been at this location since 1997 and executed an early lease renewal in 2022. The lease runs through April 2035 with an 11 percent rent increase in May 2030.
Broker of Record
Financing By
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