ADVISORY AND TRANSACTIONAL SERVICES FOR SELLERS AND INVESTORS

Sherwin Williams – Woburn, MA – NNN Lease

313 Montvale Avenue
Sold

SOLD PRICE: $2,850,000
CAP RATE: 5.79%

PROPERTY HIGHLIGHTS:

  • Corporate guaranteed, investment grade tenant (Standard & Poor’s A credit rating) — Sherwin-Williams is the largest producer of paints & coatings in the U.S. and among the largest producers in the world
  • Prominent location just off I-93 along major commuter thoroughfare Montvale Avenue (37,600 cars ADT) and near the signalized, hard corner intersection at Montvale Avenue and Washington Street (55,400 cars ADT)
  • Woburn is part of Greater Boston, 10th in population among U.S. MSA’s (4.7M+ people)
  • Dense Boston MSA barriers to entry within 128/I-93 beltway
  • Over 119,000 households and 300,000 people, with an average household income of over $100K, within five miles
  • There are no features available

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$2,850,000

5,160 sf

Price:

$2,850,000

Cap Rate:

5.79%

Building Size:

5,160 sf

SF Land Area:

0.24 acres

Current NOI:

$165,120

Lease Type:

NNN

Remaining Term:

Ten (10) Years

Status:

Closed

CONTACT BROKER

Michael O'Mara

(617) 239-3616

Michael Zimmerman

(919) 391-9901

Download Offering Memorandum
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