sherwinwilliams

Attractive cap rate northern virginia, “a” rated one hour to dulles airport $73 k average incomes 211 Fairfax Pike, Stephens City, VA 22655

[ All photos are of the actual property ]

For more info on this opportunity please contact: Rick Sanner

Bob Sanner

[email protected] | (415) 274-2709 CA BRE# 01792433

[email protected] | (415) 274-2717 CA BRE# 00869657

John Andreini

Chris Peters

[email protected] | (415) 274-2715 CA BRE# 01440360

Capital Pacific collaborates. Click here to meet the rest of our San Francisco team.

[email protected] | (415) 274-2703 CA BRE# 01339983 In conjunction with VA Licensed Broker: Read Goode, Divaris Real Estate, Inc. (804) 335-0554 | [email protected]

Sherwin-Williams, an “A” rated tenant, located in stephens city, VA

Investment Highlights

Stephens City is a growing Northern Virginia community, located just one hour west of Dulles Airport. The subject is about 1/2 mile east of I-81.

PRICE: $1,226,000 CAP: 7.75% RENTABLE SF. . . . 5,000 SF LAND AREA. . . . . . 0.87 Acres LEASE TYPE. . . . . . NN YEAR BUILT. . . . . . 2007

International Tenant Operates in North America, South America, and Europe Rated number 61 on the Fortune 500

Investment grade Sherwin-Williams is rated “A” by Standard & Poors - one of the few retail tenants with such a high rating. Their rating is, for example, higher than Walgreens and CVS

Large and stable tenant Sherwin-Williams, founded in 1866, has the reputation of being the largest paint retailer in the country

Sherwin-Williams | 2

Income & Expense PRICE

$1,226,000

Capitalization Rate:

7.75%

Total Rentable Area (SF):

5,000

Year Built:

2007

STABILIZED INCOME

Per Square Foot

Scheduled Rent

$19.00

$95,000

Effective Gross Income

$19.00

$95,000

LESS

Per Square Foot

Taxes

Paid by tenant

$0.00

Insurance

Paid by tenant

$0.00

Total Operating Expenses EQUALS NET OPERATING INCOME

$0.00 $95,000

This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

Sherwin-Williams | 3

the subject property is on a commercial street about half a mile east of i-81, which has 42,000 vpd

631

WINCHESTER STATION

FEATHERBED LANE PLAZA

lbor

Mar

37

APPLE BLOSSOM CORNERS

11

ad

o Ro

APPLE BLOSSOM MALL

Mountain View Christian Academy APPLELAND SPORTS CENTER

11

Valley

Pike

WINCHESTER COMMONS

81

81

ILY

0 DA

42,00

Aylor School

DELCO PLAZA

®

WINCHESTER COUNTRY CLUB

Bass-Hoover Elementary

277

n

o tR

x Fairfa

52

2

Fro

Millwood Pike

l

ya

Sherando High School

WINCHESTER REGIONAL AIRPORT

e Pik Admiral Richard E. Byrd Middle School Evendale Elementary

50

Pike

Armel Elementary

81

RICHMOND

Sherwin-Williams | 4

Site Plan

Car Wash NOT A PART

MONUMENT SIGN

MONUMENT SIGN

277 Fairfax Pike

To I-81

Sherwin-Williams | 5

Photos

Neighboring tenants include McDonald’s, burger king, arby’s, and dollar general

Sherwin-Williams | 6

Rent Roll TENANT INFO

LEASE TERMS

Tenant Name

Sq. Ft.

Term

Sherwin Williams

5,000

1

10

Option 1

11

Option 2 Option 3 Current Totals:

0

RENT SUMMARY Current Rent

Monthly Rent

Yearly Rent

Monthly Rent/FT

Yearly Rent/

$95,000

$7,917

$95,000

$1.58

$19.00

15

$8,867

$106,400

$1.77

$21.28

16

20

$9,929

$119,150

$1.99

$23.83

21

25

$11,121

$133,450

$2.22

$26.69

$7,917

$95,000

$1.58

$19.00

$95,000

(A) Lease began July, 2007 and ends July, 2017 This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

Sherwin-Williams | 7

Location & Demos Population

Stephens City, VA Overview Stephens City is a growing city in the southern part of Frederick County. It is situated at the northern end of the Shenandoah Valley between the beautiful Allegheny and Blue Ridge Mountains. It is recognized as part of the affluent “Virginia horse country,” centered in Middletown, five miles away. Average incomes are $73,000-$80,000. Major industries include manufacturing, education, health, and social services, retail trade, construction, transportation, and finance. It is a one hour drive to Dulles Airport and 45 minutes to the DC suburb of Leesburg, VA.

2010 2014 2019

3-Mile

5-Mile

6,095 6,360 6,604

18,441 19,586 20,731

28,063 29,750 33,159

1-Mile

3-Mile

5-Mile

$73,776 $59,409

$80,762 $69,878

$80,149 $65,521

2013 Household incomes Average Median

Top Employers in frederick county

1-Mile

Frederick County School Board Navy Federal Credit Union County of Frederick U.S. Department of Homeland Defense

stephens city

stephens city

washington 43 min 35 miles

Sherwin-Williams | 8

Sherwin-Williams

about sherwin-williams The Sherwin-Williams Company (NYSE: SHW) is a Fortune 500 company (#61) in the general building materials industry. Headquartered in Cleveland, Sherwin-Williams primarily engages in the manufacturing, distribution, and sale of paints, coatings, and other products related to professional, industrial, commercial, and retail customers primarily in North and South America and Europe. The company is most well known for its SherwinWilliams Paints line. Sherwin-Williams Paints was the first section of the company to be established in 1866. These stores market and sell Sherwin-Williams branded architectural paints and coatings, industrial and marine products, and original equipment manufacturer product finishes and similar items. As of December 31, 2014, the company operated 4,003 individual paint stores. www.sherwin-william.com

2014 GROSS revenue

2014 NET income

$11.1 Billion

$866 Million

INVESTMENT GRADE STANDARD & POOR’S

A

Sherwin-Williams | 9

A unique HUMAN RESULTS-DRIVEN client experience

The capital pacific experience - our daily commitment to our clients [ www.CapitalPacific.com ]

Rick Sanner

Bob Sanner

[email protected] | (415) 274-2709 CA BRE# 01792433

[email protected] | (415) 274-2717 CA BRE# 00869657

John Andreini

Chris Peters

[email protected] | (415) 274-2715 CA BRE# 01440360

In conjunction with VA Licensed Broker: Read Goode, Divaris Real Estate, Inc. (804) 335-0554 | [email protected]

[email protected] | (415) 274-2703 CA BRE# 01339983 Copyright © 2015 [Capital Pacific Real Estate Brokerage Company]