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