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