Listed by NNN Retail Advisors
$2,850,000
Sherwin Willams | Brand New 10-Year Lease in San Antonio MSA
Details
Property Type Retail
Sub Type Grocery Store, Shopping Center
Square Footage 4,500
Net Rentable (SqFt) 4,500
Cap Rate 6%
NOI $171,000
Occupancy 100%
Tenancy Single
Brand/Tenant Sherwin-Williams
Lease Type NN
Lease Term 10
Lease Expiration 06/30/2036
Remaining Term 10
Rent Bumps Yes
Lease Options 3-5 Year Options - 10% Rent Increases
Price per SqFt $633
Class A
Year Built 2026
Acreage 1.020
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 07/01/2026
Ground Lease No
NEW Corporate Sherwin Williams | BBB+ S&P Credit Rating | Fast Growing San Antonio MSA Location
Marketing description
- Brand New Freestanding Sherwin Williams, 10 year corporate net lease, 10% rent increases every 5 years, Planned store opening July 2026
- Floresville, part of the San Antonio metropolitan area, has a population of 9,000 people. The town’s population grew 39% between 2010 and 2025.
- Floresville is the county seat of Wilson County, with a population of 55,000 people.
- The economy of Floresville has a rapidly growing economy driven by service and oil related businesses, located 25 miles from San Antonio and in close proximity to the Eagle Ford Shale.
- Sherwin Williams, trades on the NASDAQ exchange as ticker symbol SHW (Standard and Poors Investment Grade Rating of BBB+), operates 4,900+ company-owned stores. The company generates $23 billion in annual revenue and has a market capitalization exceeding $64 Billion.
Listing Contacts
Listed by NNN Retail Advisors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$171,000.00
$14,250.00/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
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