NEW CONSTRUCTION WITH LONG TERM LEASE
- New Construction built with Sherwin’s newest store layout
- Roof and Structure warranties will transfer to new owner
- 10 year lease signed with Sherwin Corporate provides stable income throughout the entire term
- 8% increases in six (6) five (5) year extension periods
CORPORATE LEASE WITH FORTUNE 500 COMPANY
- Sherwin Williams has over 4,900 locations and employs over 61K people
- Market cap of $63.89B (NYSE: SHW)
- 2024 EOY sales increased to 11.1% to a record $22.15B
SURROUNDED BY HUNDREDS OF HOMES AND COMMERCIAL SPACE
- Within a 5-mile radius of the Sherwin-Williams are more than 17K homes
- Within a 2-mile radius of the site there is more than 6 Million SF of industrial space and within that same radius more than 650K SF of retail
- Sherwin-Williams is located 0.2 miles from S Main St where most industrial employers are located in Fountain Inn, SC
HIGH GROWTH UPSTATE SC AREA
- Over 25+ colleges and universities in the Upstate region providing ~28K graduates to the workforce each year
- Greenville, SC has had $11B of capital investment in the trailing 3 years
- 13.5% population growth since 2014
LOCATED IN AFFLUENT GREENVILLE MSA
- Over 48K people live in a 3-mile radius boasting an AHHI of $114K
- In 2023 the U.S. Census Bureau named Greenville, SC the fastest growing city in the country
- Over the past few years the city of Greenville has grown by 1.6% annually with the average southern state growing by under 1% annually
NEARBY NEW DEVELOPMENT
- Down the road from the site is a 40 acre parcel owned by Prisma Health (Largest Employer in Greenville, SC) which is planned to be a large medical campus
- Chick-Fil-A is adding a location off of McCarter street set to open in summer 2026