CBRE IS PLEASED TO EXCLUSIVELY PRESENT FOR SALE this 5,846-square-foot Sherwin-Williams property located in Cranberry Township, Pennsylvania. The tenant operates under a long-term NN lease, with the tenant responsible for all real estate taxes and insurance expenses, minimizing landlord obligations. The lease includes a 9% rental increase in 2028 and 8% increases in renewal periods, ensuring consistent income growth.
Sherwin-Williams has continuously operated at this location since 1997 and recently reaffirmed its commitment by extending its lease more than three years early, securing its presence through at least 2033—bringing total occupancy to 36 years. Additionally, the seller has invested in key capital improvements, including façade painting, parking lot restriping, and upgrades to the retaining wall and dumpster enclosure.
Strategically positioned in a high-traffic retail corridor, the property sits across from Cranberry Mall (5M annual visitors) and Cranberry Square (4.2M annual visitors), with neighboring retailers including Costco, Giant Eagle, and Walmart (93rd percentile nationwide). Exceptional regional accessibility via PA-228 (51,664 VPD), Perry Highway (37,170 VPD), and I-79 (65,047 VPD) further enhances the site’s long-term desirability.
Cranberry Township is a dense, affluent community within the Pittsburgh MSA, with more than 77,000 residents within a five-mile radius and average household incomes exceeding $150,000. The area boasts a strong daytime population supported by major employers such as PPG Paints, Westinghouse Electric, Omnicell, and AMSA International, as well as top schools and growing residential communities.
With Sherwin-Williams’ corporate backing, a long operating history, strong lease fundamentals, and a prime position in a dominant retail hub, this offering presents an exceptional opportunity for investors seeking stability and long-term growth.