•	Sherwin-Williams’ (NYSE: SHW) (S&P: BBB) lease is signed by the corporate parent company, a publicly traded investment grade company
•	10 years remaining with 2 (5-year) option periods to extend
•	Structured rent growth in the lease with 15% increases every 5 years and at the begginning of each option period
•	Tenant pays for CAM, taxes, insurance and maintains most aspects of the premises
•	Landlord responsibilities limited to roof, structure, parking lot re-striping
•	Ideal, low-management investment for an out-of-state, passive investor

Offering Memorandum

•	The asset is strategically fronting Rockville Pike averaging 62,800 VPD
•	Across from Wintergreen Plaza, a community shopping center that ranks in the top 86% (3,959 out of 29,700) of all community shopping centers nationwide according to Placer.ai
•	The immediate trade area is supported by surrounding retailers such as AutoZone Wendy’s, Target, Chick-fil-A, and more
•	The asset has excellent visibility and multiple points of ingress/egress
•	More than 341,000 residents and 194,000 employees support the trade area
•	$175,271 average household income
•	17 miles from Washington D.C. and 40 miles from Baltimore

Rockville, MD - Sherwin-Williams

a28TP000000JYijYAG - 1714664735497 -1

a28TP000000JYijYAG - 1714664735951 -2

a28TP000000JYijYAG - 1714664736186 -3

a28TP000000JYijYAG - 1714664736618 -4

a28TP000000JYijYAG - 1714664738762 -5

a28TP000000JYijYAG - 1714664739512 -6

<p>Lana Caravello joined SRS&#39; Washington D.C. office in 2020 as a transaction coordinator. Lana has more than 15 years experience in real estate, property and transactional management, customer acquisition, IT, and marketing. Most recently with Calkain, Lana provided transactional support for a team of top producing investment sales brokers and agents. She worked directly with senior producers and assisted with transactional management working to move acquisition and disposition transactions through to closing. </p><p>Lana is a graduate of the University of Central Florida.</p>

Lana Caravello

Transaction Coordinator

Retail

Industrial

Net Lease Investments

National Multi-Tenant Advisory

1031 Exchange

Sale Leaseback

Debt & Equity

Franchise M&A

Advisory

Capital Markets

Land

Office

Multifamily

Hospitality

Special Purpose

For Sale Or Lease

Investment Sale

Properties

By Name

By Location

By Service

By Team

People

National Net Lease

SRS Industrial

Team

Locations

People & Locations

Search

Primary Navigation

Demographics	1 Mile	3 Miles	5 Miles
Population	18,600	120,708	341,402
Average Household Income	$145,759	$177,900	$175,271

Sold

Rockville, MD - Sherwin-Williams

Description

Location

Demographics

Traffic Counts

Documents & Links

Contact

Andrew Fallon

Rick Fernandez