Active
Sherwin-Williams
Grand Rapids, MI · 4,200 SF
- Price
- $1,875,000
- Cap rate
- 6.75%
- NOI
- $126,600
- Term remaining
- 8.4 yr
Lease and credit
- Term remaining
- 8.4 yr
- Escalations
- 8% / 5 yr
- Guaranty
- Corporate
- Lease type
- NNN
- Listing ID
- FNL-24221
Documents
- Offering memorandumRequest access
Listing broker
Direct line pending roster confirmation — this is the main office number.
Comparable closed sales
| Property | Market | Price | Cap | Closed | Status |
|---|---|---|---|---|---|
| Advance Auto Parts | Flint, MI | $1,495,000 | 7.85% | 2024 | Sold · closed comp |
| Aspen Dental | Benton Harbor, MI | $2,410,000 | 6.85% | 2024 | Sold · closed comp |
| Dollar General | Union City, MI | $1,162,000 | 7.35% | 2023 | Sold · closed comp |
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