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For Sale

Sherwin Williams

2305 Callahan Drive,
Knoxville, TN 37912

Asset Snapshot

$81,324
NOI
2007
Year Built

Offering Summary

Investment Overview

Sherwin Williams


Investment Highlights

  • Sherwin-Williams Has Occupied the Property Since 2007 and Recently Exercised Its Renewal Option Early, Demonstrating Long-Term Commitment to the Location
  • 6+ Years Remaining on Double Net Lease (NN) - Minimal Landlord Responsibilities
  • 5% Rental Increase Scheduled for November 2027 Plus One Additional Five-Year Renewal Option Featuring a 10% Rent Increase
  • Sherwin Williams: NYSE: SHW | Standard & Poor's: BBB
  • High-Visibility Location Along Callahan Drive (25,000 VPD) and Clinton Highway (31,380 VPD), Two of Knoxville's Major Retail Corridors
  • Strategically Positioned Less Than One Mile from Lowe's, Target, Walmart, Home Depot, Kroger, Chick-fil-A, and Numerous Other National Retailers
  • Positioned in a Densely Populated Retail Corridor with Over 126,000 Residents Within Five Miles
  • Affluent Trade Area with Average Household Income Exceeding $82,000 Within a Five-Mile Radius

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Listing Syndicated From

Buildout
For Sale
$1,302,000
Asking Price