Corporate Lease with Sherwin-Williams (NASDAQ: SHW |S&P: BBB)
Tenant Exercised Scheduled Option in December 2024 at 10% Rent Increase
Fronting Keller Parkway with Over 41,000 Vehicles Per Day
Great Ingress/Egress within the Shopping Center Development Making Access and Visibility Easy for Traffic
10% Rental Increases Every 5 Years in the Option Periods - Growing NOI Hedging Against Inflation
Sherwin-Williams 2025 Revenue was $23.57 Billion & 2025 Adjusted EBITDA Was Approximately $4.49 Billion
Rapidly Growing Trade Area – North Tarrant County Households and Population Projected to Increase Over 6.00% in the Surrounding Area by 2029
High Performing National Ranking: Placer.ai data shows the store ranks within the top ~23% of Sherwin-Williams locations nationwide for customer visits, reflecting strong market demand and tenant performance
Surrounding Retailers Include Kroger, Tom Thumb, The Home Depot, Whataburger, Walgreens, Natural Grocers, Spec’s, Chick Fil A, and Many More…