Sherwin-Williams - Net Lease Property for Sale
Mesa, AZ
Key Investment Metrics
Price
$1,961,000
Cap Rate
5.0%
Net Operating Income
$98,051
Building Size
5095 SF
Lot Size
5,095 SF
Land Area
0.46 Acres
Remaining Term
9.5 years
Lease Expiration
12/31/2035
Lease Term
35 years
Lease Commencement
01/01/2001
Lease Type
NNN
Tenant Credit
Credit Rated
Year Built
2000
Tenancy
Single
Rent Increases
10% rent increase on 1/1/2031
About This Sherwin-Williams Net Lease Property
This Sherwin-Williams NNN (triple net lease) property is located in Mesa, AZ and represents an excellent investment opportunity for commercial real estate investors. The property features 5095 square feet of building space and was built in 2000.
With a cap rate of 5.0%, this Sherwin-Williams net lease property offers stable income potential. The asking price is $1,961,000, 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.
Mesa, AZ Market Overview
Located in Mesa, AZ, this Sherwin-Williams property benefits from strong local demographics and market fundamentals. The Mesa area offers excellent visibility and accessibility, making it an ideal location for Sherwin-Williams operations and a solid investment for net lease property buyers.