NEW LISTING: 355 Witt Street

June 16, 2015

Property Highlights

  • Freestanding Sherwin-Williams
  • New construction
  • Square Feet: 10,000
  • Lot Size: 0.79ac
  • High profile location across from Thruway Shopping Center
  • 21,490 Vehicles Per Day

Investment Overview

  • Annual Rent: $124,932
  • Est. Rent Commencement: 9/1/15
  • Est. Lease Expiration: 8/31/25
  • Initial Lease Term: 10 year Net/Net
  • Renewals: Four/Five-Year
  • Rent Increases: 10% in Lease Year 11 and 5% Each Option Period
  • Lessor Responsibility: Roof, Structure, Parking, Major HVAC (see lease abstract) and Underground Utilities
  • Lease Guarantor: Sherwin-Williams Company (NYSE:SHW) 

CPD 21,490

For more information about this listing, please click here.

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