Published on: Friday, December 20, 2024
Updated on: Friday, December 20, 2024
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About the Lister
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Name: Chandler Dignam
Company: Anchor Point Capital
Office Phone: 714-928-9617
Cell Phone: 714-928-9617
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  Sherwin-Williams
530 Clark St Middletown Ohio , 45042
530 Clark St Middletown Ohio , 45042  Anchor Point Capital
Listing ID: CL-Ohio-13329

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): 8.51
Net Operating Income: Contact Lister
Commission Split (%): 0
Quick Glance
Listing ID: CL-Ohio-13329
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: 100%
Year Build: 1975
Building Size: 5,504.00 SqFt
Lot Size: N/A
No of Stories: N/A
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Listing Summary
For More Information, Contact: Lance Krenik lkrenik@anchorpointcapital.com Chandler Dignam cdignam@anchorpointcapital.com
Complete Details
Year Build: 1975
Building Size: 5,504
No of Stories: N/A
Total Lot Area: N/A SqFt.
No of Parking: N/A
No of Total Units: N/A
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: B
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 100%
Full Description
Sherwin Williams Investment Opportunity Recent 5 Year Lease Extension Long Term Occupancy Since 1974; Nearly 50 Years of Occupational History Sherwin Williams (NYSE: SHW); Corporate Guaranty Investment Credit Rating BBB (S&P) Below Market Rents: Tenant Currently Paying $8.77 PSF / Yr Tenant Responsibilities: Taxes, Insurance, Utilities, Non-Structural Repairs Excellent Location Situated in Cincinnati MSA Infill Location with 84,000 Population within 5 Mile Radius Only Sherwin Williams location servicing downtown Middletown Middletown in home to Cleveland-Cliffs (formerly AK-Steel), North America’s largest flat-rolled steel producer Middletown is situated in the Cincinnati MSA Cincinnati, OH (50 mins) Dayton, OH (30 mins) Columbus, OH (1hr, 30 mins) Strong Household Income Over $70,000 within 5 miles The city’s focus on revitalization projects and infrastructure improvements signals long-term growth
Additional Properties
Property Highlights
  • Infill Location with 84,000 Population within 5 Mile Radius
  • Only Sherwin Williams location servicing downtown Middletown
  • Middletown in home to Cleveland-Cliffs (formerly AK-Steel), North America’s largest flat-rolled steel producer
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