Sherwin-Williams - Net Lease Property for Sale
Palm Springs, CA
Key Investment Metrics
Price
$4,000,000
Cap Rate
5.3%
Net Operating Income
$210,000
Building Size
4012 SF
Lot Size
4,012 SF
Land Area
0.38 Acres
Remaining Term
10 years
Lease Expiration
08/01/2036
Lease Term
10 years
Lease Commencement
08/31/2026
Lease Type
NN
Tenant Credit
Credit Rated
Year Built
2026
Occupancy
100%
Tenancy
Single
Rent Increases
10% increase in 2031 and in each of the five, 5-year renewal options
About This Sherwin-Williams Net Lease Property
This Sherwin-Williams NNN (triple net lease) property is located in Palm Springs, CA and represents an excellent investment opportunity for commercial real estate investors. The property features 4012 square feet of building space and was built in 2026.
With a cap rate of 5.3%, this Sherwin-Williams net lease property offers stable income potential. The asking price is $4,000,000, making it an attractive option for 1031 exchange investors seeking quality Sherwin-Williams commercial properties.
Why Invest in Sherwin-Williams NNN Properties?
- Stable Income: Sherwin-Williams net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Sherwin-Williams is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Palm Springs, CA Market Overview
Located in Palm Springs, CA, this Sherwin-Williams property benefits from strong local demographics and market fundamentals. The Palm Springs area offers excellent visibility and accessibility, making it an ideal location for Sherwin-Williams operations and a solid investment for net lease property buyers.