Forged Real Estate is pleased to exclusively offer the opportunity to acquire the fee simple interest in a single tenant property leased to Sherwin-Williams, (the “Property”) in Mashpee, Massachusetts, a highly coveted location within Cape Cod. Built in 2022, the Property features prominent frontage along Nathan Ellis Highway with exposure to 1,600 vehicles per day. This prime positioning maximizes brand visibility, drives consistent customer traffic, and supports strong long-term tenant performance. The Sherwin-Williams lease provides more than eight years of remaining term, including 10% rental increases at the start of year 7 and at the beginning of each five (5) year option period. These built-in escalations offer predictable income growth and enhanced long-term returns for investors. Located within Cape Cod’s most affluent trade area, the Mashpee property is surrounded by strong household incomes averaging $133,000 within 5 miles, $124,000 within 3 miles, and $113,000 within 1 mile. This affluent customer base fuels robust consumer spending and supports tenant success. The surrounding community has also experienced steady population and household growth, with projections showing continued expansion through 2030, further reinforcing long-term retail demand. Adding to the corridor’s strength, the nearby Stop & Shop along Nathan Ellis Highway ranks in the top 82nd percentile in Massachusetts and the top 76th percentile nationally, according to Placer.ai. This high-performing retailer generates consistent traffic and enhances the viability of the subject property. The Sherwin-Williams Company (NYSE: SHW) is a global leader in the manufacturing, development, distribution, and sale of paints, coatings and related products holding an investment grade credit rating of BBB (S&P). With a footprint that spans over 120 countries and over 5,400 stores, In Q2 2025, The Sherwin-Williams Company reported consolidated net sales of $6.31 billion, up $43 million from the previous year’s second quarter.
PROMINENT FRONTAGE ALONG HIGH-TRAFFIC CORRIDOR – Sherwin-Williams enjoys a highly visible location along Nathan Ellis Highway, benefiting from strong exposure to 21,600 vehicles per day. This prime positioning enhances brand visibility, supports steady foot traffic, and strengthens long-term tenant performance.
INVESTMENT GRADE CREDIT (S&P: BBB) – The Sherwin-Williams Company (NYSE: SHW) is a global leader in the manufacturing, development, distribution, and sale of paints, coatings and related products holding an investment grade credit rating of BBB (S&P). With a footprint that spans over 120 countries and over 5,400 stores, In Q2 2025, The Sherwin-Williams Company reported consolidated net sales of $6.31 billion, up $43 million from the previous year’s second quarter.
AFFLUENT CUSTOMER BASE – Positioned within Cape Cod’s wealthiest trade area, the Mashpee location is surrounded by strong household incomes averaging $133,000 within 5 miles, $124,000 within 3 miles, and $113,000 within 1 mile. This affluent customer base drives robust consumer spending and supports long-term tenant success.
BUILT-IN RENT GROWTH – The Sherwin-Williams lease provides for 10% rental increases at the start of year 7 and at the beginning of each five (5) year option period, ensuring predictable income growth and enhanced long-term returns for investors.
STRONG DEMOGRAPHIC GROWTH – The property is located in a community that has experienced steady population and household growth in recent years, underscoring the area’s stability and upward trajectory. Projections indicate continued demographic expansion through 2030, supporting sustained consumer demand and long-term tenant performance.
STRONG RETAIL PERFORMANCE IN TRADE AREA (PLACER.AI) – The nearby Stop & Shop along Nathan Ellis Highway (21,600 VPD) ranks in the top 82nd percentile in Massachusetts and 76th percentile nationally, according to Placer.ai. This high-performing retailer reinforces the strength of the corridor, drives consistent consumer traffic, and further enhances the long-term viability of the subject property.
In Cooperation with: John Ferris | CBRE | License #: 9565465-RE-B