Sherwin-Williams | Westchester, IL

For Sale

Sherwin-Williams | Westchester, IL

Asking Price: $1,830,000 | Cap Rate: 5.35%

• Net Operating Income: $97,920
• Weighted Avg. Lease Term (WALT): 8.6 Years
• Lease Type: Net

Property Highlights

• 8.5 years remaining on initial 10 year lease with (2) 5-year options and 10% rental increases every 5 years
• Tenant exercised an early 5-year lease extension in 2019 showing commitment to the site
• Property is well positioned off of Mannheim road and sees over 63,000 vehicles per day