Sherwin Williams

Sherwin Williams

Humble, TX

Humble, TX

Sherwin Williams

Offered for sale is the opportunity to acquire a double-net lease Sherwin-Williams in Humble, Texas. The property consists of a 6,968-square-foot, freestanding building that sits on 0.73 acres of land. There are approximately 10.2 years remaining on the current lease term, with rental escalations scheduled throughout the main lease term and options. Sherwin-Williams recently extended their lease, showing their commitment to the site.

Building Size 6,968 sqft
Lot Size 0.73 acres
Year Built 2009
Offering Memorandum

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633
FINANCING TEAM

Duke Dennis

Director
(817) 932-6172

 

  • Recent Lease Extension - Approximately 10.2 Years Remaining
  • Attractive Rental Escalations Every Two Years
  • Sam Houston Tollway Location - Traffic Counts Exceed 62,422 Vehicles per Day
  • Located in Fall Creek, a 2,300-Acre Master-Planned Community
  • More than 148,992 Residents Within a Five-Mile Radius
  • Population has Increased 125% Since 2000 and is Expected to Increase to 172,418 (+15.7%) by 2026 Within a Five-Mile Radius
  • Investment Grade Tenant (BBB; S&P) - 14-Year Operating History

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633
Go to Top