Sherwin-Williams | Fort Wayne, IN
For Sale
Sherwin-Williams | Fort Wayne, IN
Asking Price: $1,960,000
| Cap Rate: 5.35%
- Net Operating Income: $105,000
- Weighted Avg. Lease Term (WALT): 9.2 Years
- Lease Type: Net
Property Highlights
- Corporate guarantee from investment grade tenant; Sherwin Williams (S&P: A)
- Brand new 2019 construction with 3,500 SF available
- Positioned in a growing housing market showing strong demand for Sherwin-Williams services
- 9 Years remaining on initial 10 year Net lease with 2 5-year renewal options
