Sherwin Williams | Affluent North Atlanta

Investment Highlights

5 MILE POPULATION IS 129,058 WITH 23% GROWTH
• The population within a 5 mile radius of the subject property is 129,058.
• The 5 mile population increased by 23% from 2010-2020 and the projected growth rate over the next 5 years is 5.52%.
• The 1 mile population experienced a 45.50% growth rate from 2010-2020.

AFFLUENT NORTH ATLANTA MARKET | AVG HHI: $135,697 WITH 8.5% PROJECTED GROWTH
• The subject property is located in Dacula, an affluent north Atlanta suburb about 35 miles northeast of downtown Atlanta.
• The average household income within a 1 mile radius of this property is $135,697 with an 8.5% projected growth rate over the next 5 years.
• Dacula is located in Gwinnett County which is the fastest growing county in the state with over 1 million residents.
• Atlanta is home to multiple Fortune 500 companies including the Coca-Cola Company, Home Depot, Delta Air Lines, and more.
• Atlanta is also home to the busiest airport in the world, Hartsfield-Jackson Atlanta International Airport, which handles more than 108 million passengers per year.

ADJACENT TO PUBLIX ANCHORED SHOPPING CENTER | AND MULTIPLE NEW RETAIL DEVELOPMENTS
• This Sherwin Williams is located on Dacula Rd (16,500 VPD) adjacent to a Publix anchored shopping center.
• There is a new multiparcel retail development across from this Sherwin that includes Express Oil Change, Wendy’s, Huey Magoos, and Whitecap Car Wash.
• Additional national retailers in this corridor include Kroger, Chick-fil-A, Taco Bell, McDonald’s, Walgreens, and more.
• Hebron Christian Academy is directly across the street and supports over 1,200 students and 200 faculty members.

NEARLY 20 YEARS OF OPERATING HISTORY | CORPORATE LEASE GUARANTEED BY INVESTMENT GRADE TENANT (S&P:BBB)
• Sherwin Williams has operated at this location since 2008 and is extending the lease early for an additional 10 years demonstrating their confidence in this location.
• This will be Sherwin Williams 2nd early 10 year lease extension. Sherwin also signed a new 10 year lease in 2017 and increased their rent by 10% per the lease.
• The Tenant is responsible for Taxes, Insurance, Utilities and HVAC.
• There are limited landlord responsibilities that include Roof, Structure, and parking lot.
• 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.