Sherwin-Williams | 8.5 Yrs | Prime Location
5,610 SF | Retail Building | Saint Louis, MO 63104 | $1,015,000 ($181/SF) | 6.50% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $1,015,000
- Property Type
-
Retail
- Square Feet
- 5,610 SF
- Price / Square Foot
- $181
Listing Contacts
Dave Faris
Verified Profile
Gary Chou
Verified Profile
Matt Coates
Verified Profile
Calvin Short
Verified Profile
Aron Cline
Verified Profile
- Property Info
Property Overview
• Corporately backed lease with investment-grade credit rating | BBB credit rating (S&P) | $23 B+ in annual revenue
• Located inside of dense retail corridor | 6.1M SF within a 2-mile radius
• Excellent Location | This Sherwin-Williams is located less than 0.25-miles from the I-55 access with 127,400 VPD
• Large Industrial Presence | 14.6M SF within a 2-mile radius
• Prime Industrial Location | Located next to the Union Pacific Lesperance Yard. Its proximity to one of the busiest rail yards in the region provides exceptional access for businesses requiring paint solutions
• Densely Populated | 225,977 people live within five miles of the site, and the site is surrounded by densely populated residential
communities
• Long Operating History | Sherwin-Williams has been operating at this location since 1986
• Recent Renewal | 10-Year renewal in 2023 showing a commitment to the location
• Sherwin-Williams is ranked #178 on the Fortune 500 list
• E-commerce proof tenant | Paint is an e-commerce proof product and will continue to thrive through the rise of online shopping
• Sherwin-Williams is the market leader of the paint industry nationwide, is vertically integrated, and continues to outperform its competition in innovation, manufacturing, distributing, and retail
• Located inside of dense retail corridor | 6.1M SF within a 2-mile radius
• Excellent Location | This Sherwin-Williams is located less than 0.25-miles from the I-55 access with 127,400 VPD
• Large Industrial Presence | 14.6M SF within a 2-mile radius
• Prime Industrial Location | Located next to the Union Pacific Lesperance Yard. Its proximity to one of the busiest rail yards in the region provides exceptional access for businesses requiring paint solutions
• Densely Populated | 225,977 people live within five miles of the site, and the site is surrounded by densely populated residential
communities
• Long Operating History | Sherwin-Williams has been operating at this location since 1986
• Recent Renewal | 10-Year renewal in 2023 showing a commitment to the location
• Sherwin-Williams is ranked #178 on the Fortune 500 list
• E-commerce proof tenant | Paint is an e-commerce proof product and will continue to thrive through the rise of online shopping
• Sherwin-Williams is the market leader of the paint industry nationwide, is vertically integrated, and continues to outperform its competition in innovation, manufacturing, distributing, and retail
Property Details
- Class
- C
- Year Built
- 1970
- Stories
- 1
- Property Subtype
- Storefront
- Lot Size (sq. ft)
- 20,909 SF
Highlights
- Corporately backed lease with investment-grade credit rating | BBB credit rating (S&P) | $23 B+ in annual revenue
- Located inside of dense retail corridor | 6.1M SF within a 2-mile radius
- Excellent Location | This Sherwin-Williams is located less than 0.25-miles from the I-55 access with 127,400 VPD
- Recent Renewal | 10-Year renewal in 2023 showing a commitment to the location
- Long Operating History | Sherwin-Williams has been operating at this location since 1986
- Densely Populated | 225,977 people live within five miles of the site, and the site is surrounded by densely populated residential communities
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