Sherwin Williams Kirkwood

LOCAL BUSINESS HIGHLIGHT

Even though Sherwin Williams is a national chain they do an outstanding job making themselves feel like a local business. They participate in community events, such as the yearly Kirkwood Wine Stroll and have reps that meet with local contractors along with home owners.

This commercial property is called a SINGLE-TENENT NET LEASING/INVESTMENT. A corporate business will lease out the space from the property owner for an extended period of time and the property owner receives rent.

There are many types of leases but the typical is called a Triple Net or NNN. This means that the landlord is only responsible for the roof and structure of the building while the tenant pays rent, common area maintenance, taxes, insurance, and all operating expenses of the business.

The value is in the lease and the terms.

PROPERTY DETAILS

• Address: 1966 Hose L Williams Drive, Atlanta, GA 30317

• Size: 3570sf / .3 acres

• Built: 2014

• Tenancy: Single

• Trade: Last sold for $1.52m on 07/23 with a Cap Rate of 5.25%

• Class: C

• Rent: $18 - $22sf (Retail)