124 Glen Ave
Berlin, NH 03570
Sherwin-Williams · Retail Property For Sale

SVN/Stewart Commercial Group, and SVN/The Urbanek Group are pleased to exclusively market for sale a net leased Sherwin-Williams property located in downtown Berlin on the major retail thoroughfare. The location features long term stability and will be sold free and clear of debt.This is a single-tenant retail property occupied by S&P "A" rated Sherwin-Williams. Sherwin-Williams has shown a commitment to the site by executing a 10 yr extension which expires in 2027. Minimal landlord responsibilities. Sherwin-Williams pays for taxes, insurance, utilities, and maintenance. Sherwin-Williams has occupied this space since '89 when the owner completed a gut rehab. The owner replaced the parking lot in October 2016. The roof and HVAC were replaced in 2012. Sherwin-Williams has two, 5 yr renewal options with 10% rent increases extending until 2037. The Sherwin-Williams Company is a Fortune 500 company with Annual Revenue exceeding $10 Billion. It's Paint Stores Group segment operates over 4,000 company-operated specialty paint stores. Known for its line of high quality paints and finishes Sherwin-Williams is a global leader in the manufacture and sale of professional grade coa Single-tenant Net Leased retail property. In downtown Berlin, New Hampshire at the intersection of Glen Ave (Main St./NH 16) and Pleasant Street. Glen Avenue/Main Street/NH 16 is a major thoroughfare that stretches for over 200 miles starting at I-95 in Portsmouth, NH. Traffic counts directly in front of this Sherwin-Williams location exceed 14,000 vehicles per day. Many national retailers are located on the same drive as the subject property, including, Walmart, Verizon, NAPA Auto Parts, Citizens Bank, Family Dollar, Dunkin Donuts, Western Union, US Cellular, Save-A-Lot, Enterprise Rent-A-Car, Tractor Supply Co., Dollar Tree and Rite Aid. Berlin is the principal city of the Berlin Micropolitan Statistical Area, which includes all of Coos County, New Hampshire and Essex County, Vermont and less than 60 miles away from Quebec. The population was 10,051 at the 2010 census. It includes the village of Cascade. Located on the edge of the White Mountains, the city's boundaries extend into the White Mountain National Forest. Berlin is home to the Moffett House, Service Credit Union Heritage Park, the Berlin Fish Hatchery, and the White Mountains Community College, a member of the