Miscellaneous

Sherwin-Williams

90 S Wadsworth Blvd, Lakewood, CO 80226

Listing Price: $3,460,000

Cap Rate
5.00%
Tenant Name
Sherwin-Williams
Years Remaining On Lease
9.9
Guarantor
Corporate Guarantee
Rentable SF
5,000
Lease Type
Double Net
Rent Per Square Feet
$34.60

Investment Overview

The Sherwin-Williams Company was founded by Henry Sherwin and Edward Williams in 1866. A Fortune 500 company in the general building materials industry, Sherwin-Williams is a global leader in the manufacture, development, distribution and sale of paint, coatings and related products to professional, industrial, commercial and retail customers primarily in North and South America and Europe. The City of Lakewood is the fifth-largest city in the state of Colorado, situated within the Denver metropolitan area. Home to the W light rail line, Lakewood offers numerous opportunities for commercial and residential development with easy access to several major freeways. The city is located 10 minutes west of downtown Denver, 10 minutes east of the foothills and right next to the region’s major educational and research institutions.

Investment Highlights

  • Brand New 10-Year Corporate Lease with Sherwin-Williams - 2020 Construction
  • 10 Percent Rental Increases Every Five Years
  • 395,383 Residents within a Five-Mile Radius - Growing Lakewood Trade Area within the Denver MSA
  • Surrounded by New Construction - Bank of America, Car Wash, and Quick Service Restaurant Currently Under Construction Adjacent to Subject Property
  • High Traffic Location Along South Wadsworth Boulevard (Over 67,275 Cars Per Day)
  • Situated in a Dense Retail Corridor - Walmart, PetSmart, Planet Fitness, The Home Depot, Sprouts Farmers Market and More

Exclusively Listed By

Broker of Record

  • Skyler Cooper

    Regional Manager

    License(s): CO: FA.100080019

    Colorado

Listing Price: $3,460,000

Cap Rate
5.00%
Tenant Name
Sherwin-Williams
Years Remaining On Lease
9.9
Guarantor
Corporate Guarantee
Rentable SF
5,000
Lease Type
Double Net
Rent Per Square Feet
$34.60

Investment Highlights

  • Brand New 10-Year Corporate Lease with Sherwin-Williams - 2020 Construction
  • 10 Percent Rental Increases Every Five Years
  • 395,383 Residents within a Five-Mile Radius - Growing Lakewood Trade Area within the Denver MSA
  • Surrounded by New Construction - Bank of America, Car Wash, and Quick Service Restaurant Currently Under Construction Adjacent to Subject Property
  • High Traffic Location Along South Wadsworth Boulevard (Over 67,275 Cars Per Day)
  • Situated in a Dense Retail Corridor - Walmart, PetSmart, Planet Fitness, The Home Depot, Sprouts Farmers Market and More

Investment Overview

The Sherwin-Williams Company was founded by Henry Sherwin and Edward Williams in 1866. A Fortune 500 company in the general building materials industry, Sherwin-Williams is a global leader in the manufacture, development, distribution and sale of paint, coatings and related products to professional, industrial, commercial and retail customers primarily in North and South America and Europe. The City of Lakewood is the fifth-largest city in the state of Colorado, situated within the Denver metropolitan area. Home to the W light rail line, Lakewood offers numerous opportunities for commercial and residential development with easy access to several major freeways. The city is located 10 minutes west of downtown Denver, 10 minutes east of the foothills and right next to the region’s major educational and research institutions.

Exclusively Listed By

Broker of Record

  • Skyler Cooper

    Regional Manager

    License(s): CO: FA.100080019

    Colorado

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