2872 Center Road in Brunswick, Ohio is a single free standing Sherwin Williams building for sale. Built in 2001 on .96 acre on a corner lot. Versatile building that can adopt to different users with a 18' clears.
There is a 10 year guarantee lease to Sherwin Williams which expires January 31, 2028. There is limited landlord responsibilities. The tenants pays for taxes, insurance and most maintenance. Recent capital improvements have been made to the property. In 2016 the parking lot was replaced, the outdoor lighting poles and light fixtures. In 2018 a $100,000 sprinkler system is scheduled to be installed.
Financials: Net Operating Income- $106,860 ( A 9% increase in year 4), Cap Rate- 5.5%
Property Location: Located on a corner of Fox Drive and Center Road near interchange of I-71 and Route 303 in Brunswick, Ohio