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227 N Broadway Ave 6,123 SF 100% Leased Retail Building Sylacauga, AL 35150 $297,861 ($48.65/SF) 6.50% Cap Rate

Investment Highlights
- Long-Term, Credit-Backed Anchor - Sherwin-Williams has operated at this location for 50+ years; S&P BBB credit rating
- Attractive Price Point - 297K**and**48 PSF, rarely seen for a national-credit tenant
- Strong Remaining Term - 3.5+ years left on the primary term with structured increases and multiple long-term extension options
- Stabilized Retail Asset - 100% leased: Sherwin-Williams plus one service tenant; 6,123 SF total GLA
- NN+ Lease with minimal responsibilities.
- Renewal Options - The lease includes (1) 2 Year Option and (5) 5 Year Options
Executive Summary
Sherwin-Williams occupies 5,523 SF, while one local service-oriented tenant contributes additional income and foot traffic. The store operates under a NN+ lease with 3.5+ years remaining with multiple renewal options extending well into the future. Sherwin-Williams maintains an investment-grade credit rating (S&P: BBB) and continues to demonstrate performance stability across its portfolio. With over 18,000 residents within a 5-mile radius, consistent employment in the local trade area, and proximity to Coosa Valley Medical Center—a major regional employer— the property is supported by steady, needs-based consumer activity. Updated demographic data show resilient household income and strong spending power in everyday retail categories surrounding the site. Priced at $297,861 with a 6.50% cap rate, 227 N Broadway offers investors an accessible entry point into a durable, credit-backed retail investment with a half-century operating history and future upside through contractual rent escalations.
Property Facts
Amenities
- Signalized Intersection
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Dustins Barbershop
- Services
- -
- -
- -
Sherwin-Williams is a global leader in the development, manufacture, and distribution of paints, coatings, and related products for professional, industrial, commercial, and retail customers. Established in 1866, the company operates through a network of company-owned stores, independent dealers, and mass merchandisers, offering architectural paints, industrial coatings, and specialty finishes. Its portfolio includes well-known brands such as Dutch Boy, Krylon, Minwax, and Thompson’s WaterSeal. Sherwin-Williams also provides automotive finishes and protective coatings for industrial applications.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Dustins Barbershop | Services | - | - | - | ||
|
Manufacturing | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 27-09-29-3-000-211.000 | Improvements Assessment | $9,580 |
| Land Assessment | $3,120 | Total Assessment | $12,700 |
Property Taxes
Presented by
227 N Broadway Ave
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