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Sherwin Williams 1560 Glenn Center Dr

4,000 SF Retail Building Winston-Salem, NC 27107 £2,725,206 (£681/SF) 5.75% Net Initial Yield

Investment Highlights

  • 2024 new construction | Fresh 10-year lease
  • Investment grade credit | BBB/Baa2
  • Close proximity to 1,000+ multi-family units & 11,351 households within a 5-mile radius
  • Corporate guaranteed lease | The Sherwin-Williams Company | 5,000+ locations worldwide
  • Great access from Glenn Hill Rd & Union Cross Rd | 31,800 VPD combined
  • Affluent surrounding area | $122K average household income within a 1-mile radius

Executive Summary

Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale Sherwin Williams in Kernersville, NC (Winston-Salem MSA). We welcome your review of this attractive investment.

Property Facts

Sale Type
Investment
Sale Condition
Design & Build
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,000 SF
Year Built
2024
Price
£2,725,206
Price Per SF
£681
Net Initial Yield
5.75%
NOI
£156,699
Tenancy
Single
Number of Floors
1
Building FAR
0.06
Land Acres
1.52 AC
Zoning
HB-S
Parking
18 Spaces (4.5 Spaces per 1,000 SF Leased)

Amenities

  • Signage

Links

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PROPERTY TAXES

Parcel Number 6874-06-9460 Improvements Assessment £0
Land Assessment £283,567 Total Assessment £283,567

PROPERTY TAXES

Parcel Number
6874-06-9460
Land Assessment
£283,567
Improvements Assessment
£0
Total Assessment
£283,567
(704) 379-1985

  • Listing ID: 33703142

  • Date on Market: 31/10/2024

  • Last Updated:

  • Address: 1560 Glenn Center Dr, Winston-Salem, NC 27107

The Retail Property at 1560 Glenn Center Dr, Winston-Salem, NC 27107 is currently available For Sale. Contact Berkeley Capital Advisors for more information.

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© 2024 CoStar Group

Sherwin Williams | 1560 Glenn Center Dr
(704) 379-1985 x

Sherwin Williams | 1560 Glenn Center Dr

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Ransome Foose

(704) 379-1985

(704) 379-1985

Carl Brendes

(704) 714-2363

(704) 714-2363

Jake Zapata

(704) 943-3160

(704) 943-3160

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