Sherwin-Williams,Aspen Dental - NNN Net Lease Property for Sale
Canton, MI
Key Investment Metrics
Price
$2,308,000
Cap Rate
6.5%
Net Operating Income
$150,000
Building Size
510 SF
Lot Size
7,687 SF
Land Area
1 Acres
Year Built
2023
Tenancy
Single
Rent Increases
Yes
About This Sherwin-Williams Net Lease Property
This Sherwin-Williams NNN (triple net lease) property is located in Canton, MI and represents an excellent investment opportunity for commercial real estate investors. The property features 510 square feet of building space and was built in 2023.
With a cap rate of 6.5%, this Sherwin-Williams net lease property offers stable income potential. The asking price is $2,308,000, 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.
Canton, MI Market Overview
Located in Canton, MI, this Sherwin-Williams property benefits from strong local demographics and market fundamentals. The Canton area offers excellent visibility and accessibility, making it an ideal location for Sherwin-Williams operations and a solid investment for net lease property buyers.