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Miscellaneous

Sherwin-Williams

2830 Holcomb Bridge Road, Alpharetta, GA 30022

Listing Price: $1,680,000

Cap Rate
5.00%
Tenant Name
The Sherwin-Williams Co.
Years Remaining On Lease
10.1
Gross SF
4,800
Guarantor
Corporate Guarantee
Rentable SF
4,800
Price/Gross SF
$350.00
Lease Type
Double Net
Rent Per Square Feet
$17.50

Investment Overview

This investment offering features a freestanding Sherwin Williams located in Alpharetta (Atlanta MSA), GA

Investment Highlights

  • 10 Year Lease Extension Signed April 2021 | Phenomenal Store Sales - Approaching $6M Per Store Management | Low Price Point
  • Investment Grade Credit Tenant (NYSE: SHW), Rated BBB by S&P | Sherwin Williams Reported Record Sales TTM of $18.87B | Nationally Recognized Essential Business
  • Below Market Rent - Only $17.50/sf per Year | Market Rent for Similar Retail in Area +/- $30/sf | 10% Rent Bumps Per 5 Year Option
  • Alpharetta/Roswell - Desirable North Atlanta MSA Submarket | Explosive Residential Growth
  • Seasoned Location - Tenant Has Occupied Site Since 2011 | Surrounded by National Retailers

Exclusively Listed By

Listing Price: $1,680,000

Cap Rate
5.00%
Tenant Name
The Sherwin-Williams Co.
Years Remaining On Lease
10.1
Gross SF
4,800
Guarantor
Corporate Guarantee
Rentable SF
4,800
Price/Gross SF
$350.00
Lease Type
Double Net
Rent Per Square Feet
$17.50

Investment Highlights

  • 10 Year Lease Extension Signed April 2021 | Phenomenal Store Sales - Approaching $6M Per Store Management | Low Price Point
  • Investment Grade Credit Tenant (NYSE: SHW), Rated BBB by S&P | Sherwin Williams Reported Record Sales TTM of $18.87B | Nationally Recognized Essential Business
  • Below Market Rent - Only $17.50/sf per Year | Market Rent for Similar Retail in Area +/- $30/sf | 10% Rent Bumps Per 5 Year Option
  • Alpharetta/Roswell - Desirable North Atlanta MSA Submarket | Explosive Residential Growth
  • Seasoned Location - Tenant Has Occupied Site Since 2011 | Surrounded by National Retailers

Investment Overview

This investment offering features a freestanding Sherwin Williams located in Alpharetta (Atlanta MSA), GA

Exclusively Listed By

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