Sherwin-Williams NNN Property For Sale — Villa Rica, GA
610 W Bankhead Hwy, Villa Rica, GA 30180
This Sherwin-Williams net lease property is located in Villa Rica, GA, within the Atlanta MSA. The 5,000 SF property sits on approximately 0.72 acres, positioned on the main east-west commercial thoroughfare. The location benefits from neighboring national retailers and strong traffic counts, contributing to the tenant's decision to exercise their option to extend the lease. This offering presents an opportunity to acquire a stable asset with a publicly traded credit tenant. Villa Rica, known as the "City of Gold," is experiencing growth with diverse manufacturers and distributors expanding their operations in the area, including a significant investment from Southwire, a leading wire and cable manufacturer.
- Address: 610 W Bankhead Hwy, Villa Rica, GA 30180
- Asking price $1.50M
- 6.30% cap rate
- NOI $93,504
- 2 years remaining
- nn lease
- Year built: 2008
- Building size: 5,000 SF
- Lot size: 0.72 acres
- Lease expiration: Dec 31, 2023
- Rent increases: 1/1/19 - 12/31/23: $93,504; 1/1/24 - 12/31/28: $102,840; 1/1/29 - 12/31/33: $113,160
- Guarantor: Corporate
Location
This Sherwin-Williams property is at 610 W Bankhead Hwy in Villa Rica, Georgia.
Asset type: Retail