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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
- -
- -
- -
Founded in 1866 by Henry Sherwin and Edward Williams in Cleveland, Sherwin-Williams grew from a paint business into a global company focused on paints, coatings, stains, and related products. The company serves professional, industrial, commercial, and consumer customers through manufacturing, distribution, and retail channels. Its portfolio includes architectural paints, protective and marine coatings, automotive finishes, and wood finishing products. Sherwin-Williams markets products under brands such as Valspar, Krylon, Minwax, Cabot, Dutch Boy, and HGTV HOME by Sherwin-Williams, reflecting a broad presence across multiple coatings and home-improvement verticals.
| 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 | $20,560 |
| Land Assessment | $3,120 | Total Assessment | $23,680 |
Property Taxes
Contact the Sale Advisor
227 N Broadway Ave
