Property History
Corporately Guaranteed by Sherwin-Williams Company
(NYSE: SHW)
• Investment Grade Credit: BBB+ (S&P) / Baa2 (Moody’s)
• Long-term lease with three (3) × 5-year options, each
featuring 8% rental increases
• NN structure – minimal landlord responsibilities
• New Roof in 2024 and Under Warranty
• Sherwin-Williams has operated at this location since 1990,
showing Strong Historical Performance.
• Placer.ai ranks the store in the Top 13% Nationally and in
Florida, reflecting Exceptional Traffic
• Tenant recently signed a 5-year renewal, Confirming Ongoing
Commitment to the site
Exceptional Visibility and access near the corner of U.S. Hwy 1
(25,594 VPD) and W. Granada Blvd (37,694 VPD)
• Ormond Beach experiencing nearly 3% Annual Population
Growth, among the strongest in Florida
• Affluent trade area with High Household Incomes and
expanding consumer base
• Ormond Beach is part of the Daytona Beach MSA, a Rapidly
Growing Market driven by tourism, healthcare, and strong
residential development
• Benefits from year-round tourism and proximity to Daytona
Beach International Airport, I-95, and coastal resort
destinations
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Zoning
Property Details
Contacts
Map
Comparable Properties
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