227 N Broadway Ave - Storefront FOR SALE


Sylacauga, AL 35150
$306,488 USD
832-984-7612
227 N Broadway Ave, Sylacauga, AL for Sale
$306,488 USD
Storefront - FOR SALE
1/1
null | 6.75% Cap Rate

227 N Broadway Ave
Sylacauga, AL 35150


HIGHLIGHTS

  • Long-Term, Credit-Backed Anchor - Sherwin-Williams has operated at this location for 50+ years; S&P BBB credit rating
  • Stabilized Retail Asset - 100% leased: Sherwin-Williams plus one service tenant; 6,123 SF total GLA
  • Attractive Price Point - 306K**and**50 PSF, rarely seen for a national-credit tenant
  • NN+ Lease with minimal responsibilities.
  • Strong Remaining Term - 3.5+ years left on the primary term with structured increases and multiple long-term extension options
  • Renewal Options - The lease includes (1) 2 Year Option and (5) 5 Year Options

OVERVIEW

AiCRE Partners is proud to present 227 N Broadway Ave, a fully occupied 6,123 SF retail asset strategically positioned in the commercial core of Sylacauga, Alabama. The property is anchored by Sherwin-Williams, a nationally recognized paint retailer with an exceptional operating history at this location dating back to 1974. Their long-term presence demonstrates strong in-market performance and ongoing demand for this corridor. The asset benefits from a high- visibility, signalized corner along N Broadway Ave, one of Sylacauga’s primary north–south arteries, seeing 9,000+ vehicles per day. Dual street frontage enhances accessibility and brand exposure for all tenants. Sherwin-Williams occupies 5,523 SF, while one local service-oriented tenant contributes additional income and foot traffic. The store operates under a NN+ lease with 3.5+ years remaining with multiple renewal options extending well into the future. Sherwin-Williams maintains an investment-grade credit rating (S&P: BBB) and continues to demonstrate performance stability across its portfolio. With over 18,000 residents within a 5-mile radius, consistent employment in the local trade area, and proximity to Coosa Valley Medical Center—a major regional employer— the property is supported by steady, needs-based consumer activity. Updated demographic data show resilient household income and strong spending power in everyday retail categories surrounding the site. Priced at $306,488 with a 6.75% cap rate, 227 N Broadway offers investors an accessible entry point into a durable, credit-backed retail investment with a half-century operating history and future upside through contractual rent escalations.

FOR SALE DETAILS

PRICE

$306,488 USD

PRICE/SF

$50 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

-

APN/PARCEL ID

27-09-29-3-000-211.000

ASK ABOUT THIS PROPERTY

McKenna LangleyAiCRE PartnersMore Info
832-984-7612

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McKenna LangleyAiCRE PartnersMore Info
832-984-7612

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.