Net Leased Sherwin Williams Property Profile and Cap Rates Date September 29, 2020
Net Leased Sherwin Williams – Typical Property and Lease Terms
Price Range: | $1M - $3.5M |
Cap Rate: | 5.75% - 6.75% |
Net Income: | $65,000 - $230,000 |
Price Per foot: | $285 PSF - $700 PSF |
Building Size: | 3,500 SF - 6,000 SF |
Lot Size: | 1 Acre |
Escalations: | Flat |
Lease Term: | 10 Years |
Lease Type: | NN |
Credit Rating: | A (S&P) |
Tenant Company Information:
Sherwin-Williams Company is an American Fortune 500 company in the paint and coating manufacturing industry. The company, with headquarters in Cleveland, Ohio, primarily engages in the manufacture, distribution, and sale of paints, coatings, floorcoverings, and related products to professional, industrial, commercial, and retail customers primarily in North and South America and Europe. At the end of 2019, Sherwin-Willams had operations in over 120 countries.[2] The company is mostly known through its Sherwin-Williams Paints line.
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