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227 N Broadway Ave 6,123 SF 100% Leased Retail Building Sylacauga, AL 35150 $427,833 CAD ($69.87 CAD/SF) 6.75% Cap Rate

INVESTMENT HIGHLIGHTS
- Long-Term, Credit-Backed Anchor - Sherwin-Williams has operated at this location for 50+ years; S&P BBB credit rating
- Attractive Price Point - 306K**and**50 PSF, rarely seen for a national-credit tenant
- Strong Remaining Term - 3.5+ years left on the primary term with structured increases and multiple long-term extension options
- Stabilized Retail Asset - 100% leased: Sherwin-Williams plus one service tenant; 6,123 SF total GLA
- NN+ Lease with minimal responsibilities.
- Renewal Options - The lease includes (1) 2 Year Option and (5) 5 Year Options
EXECUTIVE SUMMARY
Sherwin-Williams occupies 5,523 SF, while one local service-oriented tenant contributes additional income and foot traffic. The store operates under a NN+ lease with 3.5+ years remaining with multiple renewal options extending well into the future. Sherwin-Williams maintains an investment-grade credit rating (S&P: BBB) and continues to demonstrate performance stability across its portfolio. With over 18,000 residents within a 5-mile radius, consistent employment in the local trade area, and proximity to Coosa Valley Medical Center—a major regional employer— the property is supported by steady, needs-based consumer activity. Updated demographic data show resilient household income and strong spending power in everyday retail categories surrounding the site. Priced at $306,488 with a 6.75% cap rate, 227 N Broadway offers investors an accessible entry point into a durable, credit-backed retail investment with a half-century operating history and future upside through contractual rent escalations.
PROPERTY FACTS
AMENITIES
- Signalized Intersection
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Dustins Barbershop
- Services
- -
- -
- -
The Sherwin-Williams Company delivers the best in paint and coatings products to the world. Every day, their employees provide the energy and experience to build on their track record of success – enabling them to innovate and grow in new and exciting ways. With their people as the foundation of their Company, they offer industry-leading innovation, value-added service and expertise, and differentiated distribution to their growing base of professional, industrial, commercial and consumer customers. Sherwin-Williams has one of the industry’s most recognized portfolios of branded and private-label products. The Company’s Sherwin-Williams® branded products are sold exclusively through a chain of company operated stores and facilities in the United States, Canada, the Caribbean and Latin America.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Dustins Barbershop | Services | - | - | - | ||
|
Manufacturing | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 27-09-29-3-000-211.000 | Improvements Assessment | $13,382 CAD |
| Land Assessment | $4,358 CAD | Total Assessment | $17,741 CAD |
PROPERTY TAXES
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227 N Broadway Ave
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