Chino Valley (Prescott), AZ 86323

Sherwin-Williams

Property Address

State Highway 89 & West Road 2 North, Chino Valley, AZ, USA

Offering Summary

  • Price: $3,313,684
  • Lot Size: 1.013 Acres
  • Cap Rate: 4.75%
  • Year Built: 2022
  • Building SF: 4,500
  • Status: In Escrow
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  • Brand New 10-Year Corporate Lease with Sherwin-Williams (NASDAQ: SHW)
  • New High-Quality 2022 Construction
  • 10 Percent Rental Increases Every Five Years
  • Located in One of Chino Valley's Primary Retail Corridors - Anchored by Safeway, Other Tenants Include Walgreens, Taco Bell, KFC, Sonic Drive-In, and Burger King
  • Situated within a Rapidly Growing Trade Area - Population and Households are Projected to Increase 8%+ within a 10-Mile Radius of the Subject Property by 2026
  • Less Than 20 Miles North of Prescott and 45 Miles West of Jerome and Cottonwood
  • Excellent Access from AZ-89 (22,000+ Cars/Day), a Significant Connector with Direct Access to I-40 and Prescott
  • Average Household Income Exceeds $75,000 within a 10-Mile Radius
  • Surrounded by Numerous New Housing Developments in Chino Valley, Prescott, and Prescott Valley

Broker Information