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3527 Highway 101 N
Gearhart, OR 97138
Sherwin-Williams Retail Center · Retail Property For Sale
Investment Highlights
- Sherwin-Williams occupies 61% of the GLA and has a 21-year tenure at the Property with a recently executed 5-year extension.
- Opportunity for upside provided by low average base rents.
- Average HH income is over $127k within a mile radius of the Property.
- Sherwin-Williams is an investment-grade credit tenant.
- Increased retail synergy provided by an adjacent Dollar General with shared access.
- Exposed to over 16,000 vehicles per day with frontage on Hwy 101, the coast’s main connecting highway.
Property Facts
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
8,175 SF
Building Class
C
Year Built
2004
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
0.87 AC
Parking
46 Spaces (5.63 Spaces per 1,000 SF Leased)
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