530 Clark St - Freestanding FOR SALE
Middletown, OH 45042 |
$536,000 USD
216-503-3610
530 Clark St
Middletown, OH 45042
HIGHLIGHTS
- Credit Tenant with National Presence: The asset is leased to The Sherwin-Williams Company (NYSE: SHW), a publicly traded, investment-grade tenant (S&P
- Below-Market Rent: The lease is currently structured at below-market rental rates, offering investors a clear opportunity to capture upside through fu
- Minimal Landlord Responsibilities: The lease is structured on a modified basis with landlord obligations limited to roof and structural components, al
- Defensive, Needs-Based Retail: Sherwin-Williams operates a service-oriented, needs-based retail format that primarily caters to professional contracto
- Established Infill Location: Strategically positioned near Hwy 73 (±11,500 vehicles per day), the property benefits from a mature infill setting with
FOR SALE DETAILS
PRICE
$536,000 USD
PRICE/SF
$97 USD /SF
CAP RATE
9%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Sherwin-Williams
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1975
SPRINKLERS
-
PARKING SPACES
14
LAND DETAILS
LAND ACRES
0.88 AC
LAND SF
38,254 SF
ZONING
UCS
APN/PARCEL ID
Q6532-007-000-003
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216-503-3610
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216-503-3610
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