802 W Henderson St | Cleburne, TX 76033
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802 W Henderson St
Cleburne, TX 76033
Sherwin Williams | Corp. Guaranty | DFW MSA · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Early Lease Extension; 8+ Years Remaining on Primary Term; Upcoming 10.00% Rental Increase in September 2027
- Long Term Tenant Since 1986; 38+ Years of Occupational History; Recent Renovations in July 2024; Exterior Repainted
- High Traffic Retail Corridor; 21,000+ Cars Per Day; Located along a major retail corridor in Cleburne, TX
- Investment Grade S&P Credit Rating BBB for Sherwin Williams; Sherwin Williams (NYSE: SHW); Corporate Guaranty
- Below Market Rents: Tenant Currently Paying $6.30 PSF / Yr; Priced well Below Replacement Cost; $72 PSF
- Strong Household Income Over $70,000 within 3 miles; Consistent Population Growth; 12.33% within 5 miles last 10 years
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
10,200 SF
Building Class
C
Year Built
1975
Tenancy
Single
Building Height
1 Story
Building FAR
0.44
Lot Size
0.53 AC
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 126-2800-27890 | Improvements Assessment | $334,902 |
| Land Assessment | $244,104 | Total Assessment | $579,006 |
PROPERTY TAXES
Parcel Number
126-2800-27890
Land Assessment
$244,104
Improvements Assessment
$334,902
Total Assessment
$579,006
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