SHERWIN WILLIAMS

Description

15-YEAR ORIGINAL LEASE TERM - LEASE EXPIRATION 2/28/2022 - 10% RENT INCREASES EVERY 5-YEARS.

PROPERTY is a 4,000 SF building on 0.934 acres located on Rothrock Road in the Township of Copley, OH.

TENANT RESPONSIBILITIES: RE Taxes, CAM and Insurance

LANDLORD RESPONSIBILITIES: Roof, Structure, Unexposed Utilities, Parking Lot Repairs and General Liability Insurace

Area Description

Area Tenants Include: Wal-Mart, Sams Club, Home Depot, Chili's, Steak N Shake, Subway, TGIF, Golden Corral, Friendly's, Swensons, Hampton Inn, Courtyard by Marriott, Holiday Inn

COPLEY is a township in Summit County, Ohio, United States. The population was 13,641 at the 2000 census.

Business Notes

LEASE GUARANTOR: Sherwin-Williams Paints
S & P RATING: A
OUTLOOK: Positive (02/03/1997)
TRADE SYMBOL: NYSE - SHW

Contacts

  • Mr. Gregory Fitzgerald CCIM
    President
    Phone (678) 880-3270 Ex. 101
    Fax (678) 807-1927
    E-Mail gfitz@tri-oak.com

Company

Tri-Oak Commercial Group
Retail Investment Brokerage
2920 Marietta Highway
Suite 126
Canton, GA 30114
Phone (678) 880-3270
Fax (678) 807-1927
e-Mail info@tri-oak.com
Commercial Retail Sale
170 Rothrock Road
Copley, OH 44321


County
Summit
Building StatusExistingTotal SF4,000Number of Floors1Lot Size40,685 SFYear Built2007TenancySingle Tenant
Sale Price
$1,780,000.00

Date Sold
Jun 20, 2008

Tenants

  • Sherwin-WilliamsSquare Footage4,000Monthly Income$10,092.00
Click for Financials Sheet

Financials

Land/Lot Info

Lot Size :40685.00 SF
The above information has been secured by sources deemed to be reliable, Tri Oak makes no representations or warranties expressed or implied as to the accuracy of the above information. References to square footage or age are approximate. Purchaser/User must verify the accuracy of the above information and bears all risks for any inaccuracies. Above information is subject to verification and no liability for errors or omissions are assumed.