Sherwin Williams Mobile Msa — Sale in Robertsdale, AL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Robertsdale, AL 36567

Investment Figures

Cap rate
6.25%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

10 YEAR CORPORATE LEASE TO INVESTMENT GRADE CREDIT TENANT (S&P: BBB) • Sherwin Williams signed a new 10 year corporate guaranteed lease with 8% rent increases in each of the six, 5 year option periods. • There are limited Landlord Responsibilities which include roof, structure, parking lot replacement, and HVAC replacement. The Landlord will also reimburse the tenant for any HVAC repairs over $1,000. • The tenant is responsible for Taxes, Insurance, Utilities, HVAC repairs Less than $1,000 and non-capital parking lot repairs (including but not limited to seal coating, striping of lanes, landscaping, trash & debris pick up) • This store is currently under construction and rent will commence in December 2025. • Founded in 1866, the Sherwin Williams Company is a global leader in the manufacture, development, distribution and sale of paint, coatings and related products. • Sherwin Williams branded products are sold exclusively through a chain of more than 5,400 company operated stores. • Sherwin Williams has an IG credit rating of BBB and their 2024 sales increased 11.1% to a record $22.15 billion. LOCATED ON HWY 59 (24,910 VPD) | GATEWAY TO THE GULF COAST • The subject property is located on Highway 59 (24,910 VPD) which provides direct access to the Gulf Coast. • This Sherwin Williams is also near Interstate 10 (55,833 VPD) and will benefit from visitors commuting to the Gulf Coast. Interstate 10 connects Mobile and North Florida to Coastal Alabama. • The AL Gulf Coast is home to multiple popular beaches including Orange Beach which attracts over 8 million tourists annually spending over $7 Billion. • Baldwin County is the fastest growing county in Alabama. The Gulf Shores population alone is expected to grow 27.1% from 2020 to 2025. ADJACENT TO WALMART SUPERCENTER & NEW DEVELOPMENT PROJECTS • This Sherwin is adjacent to a Walmart Supercenter that attracts over 2 million customers each year. • There are three newly constructed Walmart outparcels including Zaxby’s, T-M

Market Context

This retail in Robertsdale, AL is listed for sale. It is offered at an approximate 6.2% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 101 days. Compare it against other retail listings for sale in Robertsdale, AL — view the full market.

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