Sherwin Williams - Martinsburg WV
Retail | 6.00% CAP | 10,043 SqFt
Marketing description
Welcome to an exceptional investment opportunity at SHERWIN WILLIAMS - 518 Hedrick Ave, Martinsburg, WV 25401. This property boasts a strong tenant commitment with a recent 10-year lease renewal, a strategic location just 20 miles from Loudoun County, and proximity to major retailers like Target and Lowe's. Situated on 0.68 acres, the building spans 10,043 SF and features high-visibility along Hedrick Avenue. With a price of $1,458,335 and a cap rate of 6.0%, Sherwin-Williams, an investment-grade tenant with an S&P credit rating of BBB, offers stability and growth potential. The lease with Sherwin Williams extends until 2032, with a base rent of $87,500 and rent increases of 5% in 2028. The area demographics show a growing population and robust household incomes, making this property an attractive long-term investment opportunity. Don't miss out on this prime commercial real estate offering in Martinsburg!
Investment highlights
Sherwin-Williams With 7+ Years Remaining
Strong Tenant Commitment With Recent 10‑Year Renewal, Lease
Modified From Gross to NN, and Rent Increased of +/- 60% Without any
Landlord Concessions
Located Just 20 Miles From Loudoun County—the Wealthiest County in
the Nation
High-Visibility Location Along Hedrick Avenue With Direct Frontage
Strong Demographics of 60,000 Residents in 5-Mile Radius
Close Proximity to Major Retailers Including Target, TJ Maxx, Best Buy,
PetSmart, Aldi, Lowe's and More
Sherwin-Williams is Considered an Investment Grade Tenant With an
S&P Credit Rating of BBB
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