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Miscellaneous

Sherwin Williams & Jin's Cleaners

1421-1427 N Ironwood Dr, South Bend, IN 46635

Listing Price: $1,325,000

Cap Rate
6.00%
Tenant Name
Sherwin Williams
Years Remaining On Lease
7.0
Guarantor
Corporate Guarantee
Rentable SF
6,400
Lease Type
Absolute Net
Rent Per Square Feet
$12.47

Investment Overview

- Jin’s Cleaners paying below market rent at $11.74 per square foot - Clean Phase 2 on file - Parking Lot recently repaved in September 2021

Investment Highlights

  • 7 years remaining with Sherwin Williams
  • Sherwin Williams has an operating history of 31 years at this location
  • Sherwin Williams paying below market rent at $13.52 per square foot

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Miscellaneous

Sherwin Williams & Jin's Cleaners

Listing Price: $1,325,000

Cap Rate
6.00%
Tenant Name
Sherwin Williams
Years Remaining On Lease
7.0
Guarantor
Corporate Guarantee
Rentable SF
6,400
Lease Type
Absolute Net
Rent Per Square Feet
$12.47

Investment Highlights

  • 7 years remaining with Sherwin Williams
  • Sherwin Williams has an operating history of 31 years at this location
  • Sherwin Williams paying below market rent at $13.52 per square foot

Investment Overview

- Jin’s Cleaners paying below market rent at $11.74 per square foot - Clean Phase 2 on file - Parking Lot recently repaved in September 2021

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

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