Sherwin Williams | 2 Locations | Double Net Leases | Available Separately

Agent Info

Matt Weber

248.702.0285
mweber@encorereis.com

Deno Bistolarides

248.702.0288
denob@encorereis.com

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Offering Information

1405 Keystone Ave
Lansing, MI 48911

  • Price: $1,602,250
  • Cap. Rate: 7.25%
  • NOI: $116,160
  • Building Size: 12,500SF
  • Lot Size: 1.02 AC

Investment Highlights

  • 3.5 Years Remaining On Double Net Lease
  • Corporate Guarantee by Sherwin Williams ‐ “BBB” ‐ Standard & Poor’s Rating
  • Double Net Lease (NN) Minimal Management Responsibilities Required
  • Sherwin Williams ‐ NYSE:SHW
  • Sherwin Williams Has Operated At The Site Since 2006
  • 5 Mile Population Surrounding the Investment Property Exceeds 155,000
  • Average Household Income Within 5 Miles ‐ $54,000
  • Located off South Pennsylvania Avenue ‐ Over 16,500 Vehicles/Day