2555 Canoe Creek Rd - Freestanding FOR SALE


Saint Cloud, FL 34772
$5,050,000 USD
508-272-0585
2555 Canoe Creek Rd, Saint Cloud, FL for Sale
$5,050,000 USD
Freestanding - FOR SALE
1/4
null | 6% Cap Rate

2555 Canoe Creek Rd
Saint Cloud, FL 34772


HIGHLIGHTS

  • INVESTMENT-GRADE CORPORATE GUARANTY (S&P: BBB) - Lease guaranteed by The Sherwin-Williams Company (NYSE: SHW), an S&P investment-grade, Fortune 500 me
  • STRONG LEASE FUNDAMENTAL WITH BUMPS - NN Lease with minimal Landlord Responsibilities | Six (6) Five (5) year extensions remaining for the tenant with
  • LONG TERM LEASE - 10 year lease signed with Sherwin Corporate provides stable income throughout the entire tenancy | 40 year lease potential with opti

OVERVIEW

- INVESTMENT-GRADE CORPORATE GUARANTY (S&P: BBB) - Lease guaranteed by The Sherwin-Williams Company (NYSE: SHW), an S&P investment-grade, Fortune 500 member, and the largest specialty paint retailer with 4,900+ locations in North America. - STRONG LEASE FUNDAMENTAL WITH BUMPS - NN Lease with minimal Landlord Responsibilities | Six (6) Five (5) year extensions remaining for the tenant with 8% increases each option. - LONG TERM LEASE - 10 year lease signed with Sherwin Corporate provides stable income throughout the entire tenancy | 40 year lease potential with options. - HIGH AHHI IN 1-5 MILE RADIUS & TREMENDOUS POPULATION GROWTH - 2026 projections expect to add 72,000 residents in city | AHHI exceeds 106k in 5-mile radius and payrolls have seen increases across whole MSA | Ranks among Florida's best markets for retail and commercial investment. - EXPOSURE ON HIGH TRAFFIC ARTERIAL - Positioned along Canoe Creek Rd with excellent visibility and access | Connectivity to Nolte Rd provides seamless regional access | High traffic exposure from both commuter and retail-driven corridors. - ORLANDO-KISSIMMEE-SANFORD MSA - Fastest growing metro in Florida and 10th largest in US | Reflects sustained in-migration driven by Florida's no state income tax, quality of life, and coastal amenities.

FOR SALE DETAILS

PRICE

$5,050,000 USD

PRICE/SF

$505 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sherwin Williams

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.31 AC

LAND SF

57,064 SF

ZONING

C

APN/PARCEL ID

14-26-30-0599-0001-0010

ASK ABOUT THIS PROPERTY

Eric SuffolettoAtlantic Capital PartnersMore Info
508-272-0585

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

Eric SuffolettoAtlantic Capital PartnersMore Info
508-272-0585

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