sherwin- williams - Capital Pacific · Investment Highlights SHerwIn- wIllIamS, an “ a” rated...
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sherwin- williams JOHN ANDREINI jandreini@capitalpacific.com | (415) 274-2715 CA BRE# 01440360 RICK SANNER rsanner@capitalpacific.com | (415) 274-2709 CA BRE# 01792433 BOB SANNER bsanner@capitalpacific.com | (415) 274-2717 CA BRE# 00869657 For more info on this opportunity plse conct: In conjunction with VA Licensed Broker: Read Goode, Divaris Real Estate, Inc. (804) 335-0554 | [email protected] Capital Pacific collaborates. Click here to meet the rest of our San Francisco team. northern virginia, “a” rated one hour to dulles airport $73 k average incomes 211 Fairfax Pike, Stephens City, VA 22655 CHRIS PETERS cpeters@capitalpacific.com | (415) 274-2703 CA BRE# 01339983 Attractive cap rate [ All photos are of the actual property ]
Transcript of sherwin- williams - Capital Pacific · Investment Highlights SHerwIn- wIllIamS, an “ a” rated...
sherwin- williams
John [email protected] | (415) 274-2715 CA BRE# 01440360
rick [email protected] | (415) 274-2709 CA BRE# 01792433
BoB [email protected] | (415) 274-2717 CA BRE# 00869657
For more info on this opportunity please contact:
In conjunction with VA Licensed Broker: Read Goode, Divaris Real Estate, Inc. (804) 335-0554 | [email protected]
Capital Pacific collaborates. Click here to meet the rest of our San Francisco team.
northern virginia, “a” ratedone hour to dulles airport$73 k average incomes211 Fairfax Pike, Stephens city, VA 22655
chriS [email protected] | (415) 274-2703 CA BRE# 01339983
Attractive cap rate [ All photos are of the actual property ]
Investment HighlightsSHerwIn-wIllIamS, an “a” rated tenant, located In StepHenS cIty, Va
Stephens City is a growing Northern Virginia community, located just one hour west of Dulles Airport. The subject is about 1/2 mile east of I-81.
rentABLe SF . . . . 5,000 SF
LAnd AreA . . . . . . 0.87 Acres
LeASe tYPe . . . . . . NN
YeAr BUiLt . . . . . . 2007
prIce: $1,226,000cap: 7.75%
internAtionAL tenAntOperates in North America, South America, and Europe
Rated number 61 on the Fortune 500 inVeStment grAdeSherwin-Williams is rated “A” by Standard & Poors - one of the few retail tenants with such a high rating. Their rating is, for example, higher than Walgreens and CVS LArge And StABLe tenAntSherwin-Williams, founded in 1866, has the reputation of being the largest paint retailer in the country
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This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.
Income & expense
PRICE $1,226,000
Capitalization Rate: 7.75%
Total Rentable Area (SF): 5,000
Year Built: 2007
STABILIZED INCOME Per Square Foot
Scheduled Rent $19.00 $95,000
Effective Gross Income $19.00 $95,000
LESS Per Square Foot
Taxes Paid by tenant $0.00
Insurance Paid by tenant $0.00
Total Operating Expenses $0.00
EQUALS NET OPERATING INCOME $95,000
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Fairfax Pike
marlboro road
Valley Pike
millw
ood Pike
Front royal Pike
8181
37
631
277
11
11
522
50
®
APPLELAND SPORTS CENTER
WINCHESTER COUNTRY
CLUB
WINCHESTER REGIONAL AIRPORT
evendale elementary
Bass-hoover elementary
Admiral richard e . Byrd middle School
Armel elementary
Aylor School
Sherando high School
mountain View christian
Academy
WincheSter StAtion
WincheSter commonS
APPLe BLoSSom cornerSFeAtherBed LAne PLAZA
APPLe BLoSSom mALL
deLco PLAZA
RICHMOND
81
42,000 DAILY
the SUBJect ProPertY iS on A commerciAL Street ABoUt hALF A miLe eASt oF i-81, Which hAS 42,000 VPd
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NOT A PART
Fairfax Pike277
monUment Sign monUment Sign
Car Wash
Site plan
ToI-81
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NEIGHBORING TENANTS INCLUDE
MCDONALD’S, BURGER kING, ARBY’S,
AND DOLLAR GENERAL
photos
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This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.
rent roll
tenAnt inFo LeASe termS rent SUmmArY
Tenant Name Sq. Ft. Term Current Rent
Monthly Rent
Yearly Rent
Monthly Rent/FT
Yearly Rent/
Sherwin Williams 5,000 1 10 $95,000 $7,917 $95,000 $1.58 $19.00
Option 1 11 15 $8,867 $106,400 $1.77 $21.28
Option 2 16 20 $9,929 $119,150 $1.99 $23.83
Option 3 21 25 $11,121 $133,450 $2.22 $26.69
Current Totals: 0 $95,000 $7,917 $95,000 $1.58 $19.00
(A) LEASE BEGAN JuLY, 2007 AND ENDS JuLY, 2017
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location & demos
STEPhENS CITY
StePhenS citY, VA oVerVieW
Stephens City is a growing city in the southern part of Frederick County. It is situated at the northern end of the Shenandoah Valley between the beautiful Allegheny and Blue Ridge mountains. It is recognized as part of the affluent “Virginia horse country,” centered in middletown, five miles away. Average incomes are $73,000-$80,000.
major industries include manufacturing, education, health, and social services, retail trade, construction, transportation, and finance. It is a one hour drive to Dulles Airport and 45 minutes to the DC suburb of Leesburg, VA.
POPULATION
2013 HOUSEHOLD INCOMES
toP emPLoYerS in Frederick coUntYFrederick County School Board
Navy Federal Credit union
County of Frederick
u.S. Department of homeland Defense
STEPhENS CITYWAShINGTON
43 mIN35 mILES
1-Mile 3-Mile 5-Mile
2010 6,095 18,441 28,0632014 6,360 19,586 29,7502019 6,604 20,731 33,159
1-Mile 3-Mile 5-Mile
Average $73,776 $80,762 $80,149median $59,409 $69,878 $65,521
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ABoUt SherWin-WiLLiAmSThe Sherwin-Williams Company (NYSE: ShW) is a Fortune 500 company (#61) in the general building materials industry. headquartered in Cleveland, Sherwin-Williams primarily engages in the manufacturing, distribution, and sale of paints, coatings, and other products related to professional, industrial, commercial, and retail customers primarily in North and South America and Europe. The company is most well known for its Sherwin-Williams Paints line.
Sherwin-Williams Paints was the first section of the company to be established in 1866. These stores market and sell Sherwin-Williams branded architectural paints and coatings, industrial and marine products, and original equipment manufacturer product finishes and similar items. As of December 31, 2014, the company operated 4,003 individual paint stores.
a
inVeStment grAdeStAndArd & Poor’S
2014 net income $866 million
2014 groSS reVenUe$11 .1 Billion
WWW.ShERWIN-WILLIAm.COm
Sherwin-williams
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John [email protected] | (415) 274-2715 CA BRE# 01440360
rick [email protected] | (415) 274-2709 CA BRE# 01792433
BoB [email protected] | (415) 274-2717 CA BRE# 00869657
chriS [email protected] | (415) 274-2703 CA BRE# 01339983
In conjunction with VA Licensed Broker: Read Goode, Divaris Real Estate, Inc. (804) 335-0554 | [email protected]
