$823,610 USD
214-692-2847
320 S Main St
Hendersonville, NC 28792
Downtown Hendersonville
HIGHLIGHTS
- Strong National Credit Tenant – Sherwin-Williams (NYSE: SHW) is a globally recognized, strong investment-grade company & a leader in this industry.
- Downside Protection – With rent well below market, investors benefit from a built-in margin of safety.
- Located on Main Street – Situated in the heart of downtown Hendersonville, the property enjoys strong visibility with ±17,000 vehicles per day.
- Exclusive Market Coverage – This is the only Sherwin-Williams store serving Hendersonville, NC, with the next closest location over 10 miles away.
- “Sticky” Tenancy – Sherwin-Williams’ long-standing presence at this low-rent location since 1974 demonstrates their strong tendency to remain in place
- Recent Upgrades – The tenant helped improve the loading dock to ensure safer and more efficient deliveries.
FOR SALE DETAILS
PRICE
$823,610 USD
PRICE/SF
$165 USD /SF
CAP RATE
5.65%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
SHERWIN WILLIAMS
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1974
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.26 AC
LAND SF
11,326 SF
ZONING
CMU
APN/PARCEL ID
0105034
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214-692-2847
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214-692-2847
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