NX3 Commercial Group is pleased to present the opportunity to acquire a newly constructed Sherwin-Williams store located at 13707 Innerarity Point Road in Pensacola, Florida. Delivered in 2024, this ±4,000 SF freestanding asset is secured by a new 10-year double-net lease with 8.9 years remaining, backed by Sherwin-Williams Company (NYSE: SHW) — an investment-grade tenant with over 5,000 locations worldwide, and $23B in annual revenue.
Strategically positioned in a high-traffic corridor (±9,200 VPD) with national co-tenancy including Publix, CVS, and ACE Hardware, the property benefits from excellent visibility and long-term retail synergy. The tenant identified this site as a mission-critical location to expand coverage in an underserved submarket.
With 10% rent escalations during option periods, minimal landlord obligations, and location in a tax-free state, this offering delivers a passive, income-generating investment anchored by elite credit in a high-demand Gulf Coast market.