The Sherwin-Williams property located at 530 Clark Street in Middletown, Ohio presents a high-quality net lease investment backed by a nationally recognized, investment-grade tenant. The asset is leased to The Sherwin-Williams Company (NYSE: SHW), rated BBB by S&P, offering durable, credit-backed income supported by a proven and resilient business model. The lease is structured at below-market rent, providing embedded upside through future renewal at market terms or potential re-tenanting at higher rates. Landlord responsibilities are minimal, limited to roof and structural components, aligning with a low-touch ownership profile. Sherwin-Williams operates a defensive, needs-based retail concept serving professional contractors and DIY consumers, which is inherently resistant to e-commerce disruption. Strategically located in a mature infill area near Highway 73 with traffic counts of approximately 11,500 vehicles per day, the site benefits from strong surrounding residential and commercial density, reinforcing long-term demand and tenant performance.
Broker of Record
Matt Wallace
License # REC.2022007141 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113
(866) 889-0550