Listing Summary
Sherwin Williams (NYSE: SHW); Corporate Guaranty. Investment Grade S&P Credit Rating BBB for Sherwin Williams. Long Term Tenant Since 1978; 45+ Years of Occupational History
Full Description
Located along the major retail corridor in Bay City, TX. Other major retailers in this corridor include Dollar General, Whataburger, Sonic, AutoZone, McDonald's, Starbucks, and H-E-B, among others. Bay City is situated between three major metros in TX: Houston, TX (1.5 hours) Austin, TX (2.5 hours) San Antonio, TX (3 hours) Strong Household Income Over $70,000 within a 3-miles. Sherwin Williams (NYSE: SHW); Corporate Guaranty. Investment Grade S&P Credit Rating BBB for Sherwin Williams Long Term Tenant Since 1978; 45+ Years of Occupational History 4.5 Years of Primary Term Remaining Extremely Low Rent; $5.88 PSF/Yr NN+ Lease; Limited Landlord Responsibilities New TPO Roof Installed July 2018 with Transferable Warranty Parking Lot Resurfaced April 2021 by Sherwin Williams Priced well below replacement cost at less than $100.00 PSF Zero Competition: Sole Paint Supplier in Bay City, TX Recession-Proof Business Income Tax-Free State
Quick Glance
- Listing ID:
CL-Texas-11411
- Status:
Active
- Year Build:
1970
- Building Size:
10,176 SqFt
- Lot Size:
N/A