79 Dutilh Rd - Freestanding FOR SALE


Cranberry Township, PA 16066
$1,913,000 USD
215-603-6914
79 Dutilh Rd, Cranberry Township, PA for Sale
$1,913,000 USD
Freestanding - FOR SALE
1/5
null | 5.75% Cap Rate

79 Dutilh Rd
Cranberry Township, PA 16066


HIGHLIGHTS

  • Sherwin-Williams (S&P BBB) is an investment-grade credit tenant with over 5,000 locations in 120+ countries and a market cap of over $86 billion
  • The long-term (8+ years) NN lease is corporately guaranteed by The Sherwin-Williams Company, with the tenant responsible for all taxes and insurance
  • Sherwin-Williams recently extended its lease more than three years early, pushing the lease expiration date out another five years to 7/31/33
  • Seller just updated the property, including painting the store façade, restriping the parking lot, replacing the retaining wall & more
  • SW is located in Cranberry Township, positioned across from Cranberry Mall (5M annual visitors) & Cranberry Square (4.2M annual visitors)
  • Cranberry Township, PA, is a dense, fast-growing, and affluent area in Butler County, Pennsylvania—part of the Pittsburgh Metropolitan Area

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,913,000 USD

PRICE/SF

$327 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sherwin Williams

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

-

APN/PARCEL ID

130-4F44-2LA-0000

ASK ABOUT THIS PROPERTY

Matthew GormanCBRE, Inc.More Info
215-603-6914

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Matthew GormanCBRE, Inc.More Info
215-603-6914

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.