Property Description
Recent Renovations - HVAC was replaced in 2024 (one, 5-ton unit)
Recent Extension - Sherwin-Williams recently extended their lease for another 5 years and accepted the 10% rent increase; tenant has occupied subject property since 2005 showing strong commitment to the site
Extremely Low Rent - Subject property is one of the lowest rent Sherwin-Williams on the market
Investment Grade Tenant - Sherwin-Williams holds a BBB rating from S&P and is considered an investment-grade credit tenant. This rating ensures a high likelihood of on-time payments and offers stability to investors
County Seat - Kittanning is the county seat of Armstrong County and is situated just 36 miles northeast of Pittsburgh (toward Penn State University)
Relocation Site - Sherwin-Williams relocated to this site for improved efficiency for their inventory fulfillment
Offering Memorandum
Property Details
Property Type
Retail
Net-Lease
Gross Modified
Size
4,287
Acres
0.15
Property Location
105 Willow St, Kittanning, PA 16201, USA