INVESTMENT OPPORTUNITY
SAB Capital is pleased to present Sherwin-Williams in Dayton, Ohio, the 6th largest city the state. The lease includes a double net (NN) structure with over 10 years remaining in the base term. This location specializes in the Automotive Finishes division which is an established and growing segment for the company. The site sits in a dense suburban location with over 210,000 residents in 5 miles.
- Sherwin-Williams in Dayton, OH | 6th Most Populous City in Ohio
- Minimal Landlord Responsibilities | Absolute Double Net (NN) Lease Structure
- Investment Grade Tenant | S&P: BBB Credit Rating
- Strong Corporate Guarantee | Sherwin-Williams is the 2nd Largest Paint Manufacturer in the World With Over 4,400 Stores in the Americas
- Dense Local Population | Over 210,000 Residents in 5 Miles
- Long Term Occupancy | Tenant Has Operated Here Since 2008
- Tenant Recently Extended the Lease Demonstrating Commitment to Location | Over 10 Years Left in Base Term
- Prominent Automotive Paint Brand | Sherwin-Williams Automotive Finishes is a Prominent Brand in their Space and Recently Signed a Partnership With the Mercedes-AMG F1 Team
- Growing Division of Company | The Performance Coatings Group Added 35 New Locations in 2022 Bringing Total Count to 317
- Additional Development Opportunity | 0.5 Acre Section of Parcel is Pre Approved for Development
| Tenant | Price | Cap Rate | Lease Type | Square Feet | Status |
|---|---|---|---|---|---|
| Sherwin-Williams | $956,521 | 5.75% | NN | 4,991 | Available |
