Retail    

Sherwin-Williams

 Madison, AL

Asking Price

$3,950,000

Cap Rate

6.00%

Icons_NM_White_netlease

LTR

10 Years

Icons_NM_White_size

Square Feet

13,200 SF

Icons_NM_White_population-increase

Population Growth

2%+ Annually

Icons_NM_White_shield-money

Strong Tenant

S&P: BBB

For more details on this exclusive listing

By submitting the form, you agree to the terms and conditions of our Confidential Disclaimer.

INVESTMENT HIGHLIGHTS

  • New 10-year Corporate lease to Sherwin-Williams (S&P: BBB; 5,000 locations) 
  • World's Dominant Paint Brand ($82 Billion Market Cap)
  • New Prototype Commercial/Industrial Sales Paint Store 
  • Only Commercial Store location serving the booming areas of Madison and the western Huntsville MSA, also known as Rocket City
  • Low Rent to Projected Sales Ratio
  • Major Growth Corridor; Madison County is the Fastest Growing County in Alabama, 2%+ Annual Population Growth
  • Exceptional regional access just off Interstate 565 (109,082 cars per day) within 3-Miles of Huntsville International Airport
  • Within 2 Miles: 8M SF of Industrial (2.4% Vacancy), 1.2M SF of Retail (1.8% Vacancy), and 1.4M SF of Office (5.5% Vacancy)
  • Located just 5 minutes north of the Huntsville International Airport
  • Over 79,000 People / Average HH Income of $148,026 within 5 Miles
  • Madison is part of the Huntsville MSA (15 Minutes to the East)

Exclusively Listed By

Brian Lane

Senior Associate
  blane@northmarq.com      404.663.3412
AL Lic. # 79670

Kermit Hairston

Senior Associate
  khairston@northmarq.com      404.925.9910

Northmarq

3414 Peachtree Rd NE, Suite 900
Atlanta, GA 30326

northmarq.com