2548 Fairburn Rd
Douglasville, GA 30135
Sherwin-Williams: Douglasville, GA · Retail Property For Sale

• Premier Retail Brand: As one of America’s preeminent companies, Sherwin–Williams (NYSE: SHW) holds an investment grade credit rating (S&P: BBB), is ranked 192nd in the 2018 FORTUNE 500 and produced annual 2017 revenue approaching $15 billion. • Recent Lease Extension: Sherwin–Williams’ net lease features 10 years of term remaining with five 5–year extension options. Sherwin–Williams just extended their lease term by 6 years (Current Term: 10 years) and added two additional extension options to the lease (Total of five 5–year extension options), which shows long–term commitment to the site. • Increased Front–loaded Cash Flow Upside: Sherwin–Williams’ current rent is $82,500, but will decrease to $77,496 in April 2023 as a result of the recent lease extension agreement. The offering is priced based upon the decreased 2023 rent which will result in uncapped additional cash flow of ± $20,000 in the first four years. Actual Initial Return of 6.40%. • Excellent Access and Visibility: The property is ideally located with excellent access and visibility on Fairburn Road (Traffic Count: 24,300 VPD), which is the main east–west thoroughfare connecting Douglasville to Interstate 20. Additionally, the site benefits from its proximity to the hard intersection of Fairburn Road and Lee Road (Combined Traffic Count: 33,800 VPD), which features Paradise Crossing – the largest shopping center in the surrounding area.