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  Sherwin-Williams


Average Property & Lease

Average Sale Price$1,861,495
CAP Rate (12mo avg with 10+ lease term)6.04%
NOI$114,479
$/Square Foot$200 - $450
Building Size3,000 - 6,000 sf
Lot Size.5 - 1.5 acres
Lease Term10 Years
Escalations8-12% During Options
CREDIT RATING
A
S&P
A3
Moody's
view credit rating chart
View Net Lease Property Listings at CALKAIN.COM Last Updated: February 15, 2017
Net Lease Advisor Overview

Sherwin-Williams is an attractive net lease asset for many investors who are seeking a lower price point but still want a high credit grade tenant.

Pros

Cons

  • Investment grade tenant
  • Corporate guaranty
  • Low price point
  • Short-term leases
  • Some NN leases holds landlord responsible for roof and structure
Tenant Description

The Sherwin-Williams Company, founded by Henry Sherwin and Edward Williams in 1866. Today, the company is engaged in the development, manufacture, distribution and sale of paint, coatings and related products to professional, industrial, commercial and retail customers primarily in North and South America with additional operations in the Caribbean region, Europe and Asia.

The Company manufactures products under well-known brands such as Sherwin-Williams®, Dutch Boy®, Krylon®, Minwax®, Thompson's® Water Seal® and many more. With global headquarters in Cleveland, Ohio, Sherwin-Williams® branded products are sold exclusively through 3,812 paint stores in U.S.


SHERWIN-WILLIAMS TREND
CAP Rate

2015 avg: 5.73%

2016 avg: 6.72%

RECENT SALES

Cornelius, NC | 6.00%

Platteville, WI | 5.75%

MORE INFO
www.sherwin-williams.com
Google Finance: SHW
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