Retail

Sherwin-Williams

Tualatin, OR

Asking Price

$2,880,000

Cap Rate

5.25%

Lease

NNN

Year Built

2019

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Direct Access

To Interstate 5

Avg HHI

$153,022

Square Feet

3,500 SF

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Strong Tenant

S&P: BBB

INVESTMENT HIGHLIGHTS

Sherwin-Williams has an investment-grade credit rating of BBB (S&P).
NNN lease with contractual 12.5% rent increases every five years.
Frontage on Tualatin-Sherwood Rd., a major daily-needs retail arterial exposed to over 40,700 vehicles per day.

Affluent trade area with average annual incomes of $153K within a 5-mile radius, 31% higher than the Portland average.
Close proximity to nearby Fred Meyer, New Seasons, TJ Maxx, Best Buy, HomeGoods, Cabela’s, and Old Navy.
Located within an Opportunity Zone, providing the option to defer federal capital gains taxes.