Sherwin-Williams NNN Property For Sale — Seattle, WA
2500 15th Ave W, Seattle, WA 98119
This Sherwin-Williams property offers an exceptional investment opportunity with a brand-new 15-year lease extension, providing 17 years of secured income. Located in a highly desirable urban area of Seattle, the property benefits from an investment-grade tenant and scheduled rent escalations, ensuring long-term value.
- Address: 2500 15th Ave W, Seattle, WA 98119
- Asking price $4.40M
- 5.12% cap rate
- NOI $225,280
- 17 years remaining
- NNN lease
- Year built: 2017
- Building size: 5,745 SF
- Lot size: 0.24 acres
- Rent increases: New 15-year lease extension with scheduled rent escalations and options extending through 2052.
- Guarantor: Corporate
Location
This Sherwin-Williams property is at 2500 15th Ave W in Seattle, Washington.
Asset type: Retail