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