Sherwin Williams

Highlights:

• Long Term Commitment to the Site | Over 13 Years at this Location
• Over 3.5 Years Remaining in Term | 2, 5-Year Options Available
• Lease Supports Strong 10% Rent Increase in Each Option
• NASDAQ: SHW | S&P 500 Component | Investment Grade Tenant
• Strong Corporate Guarantee
• Excellent Visibility with Frontage on Gratiot Road | Traffic Counts of 21,900 Vehicles Per Day
• Positioned Along Strong Retail Corridor | Adjacent to Meijer, The Home Depot, AutoZone and Many More
• Easily Accessible | Ample Parking Spaces

Description:

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Saginaw is a city in the state of Michigan and the seat of Saginaw County. The city of Saginaw and Saginaw County are both in the area known as Mid-Michigan. Saginaw is adjacent to Saginaw Charter Township and considered part of the Great Lakes Bay Region, along with neighboring Bay City, Midland and Mount Pleasant. The Saginaw County MSA had a population of 196,542 in 2013. The city is also the largest municipality in the Saginaw, Midland, and Bay City Metropolitan Area, which has a combined population of 391,569 in the combined statistical area.

Economic development in the region is focused on comparative advantages in innovation, clean energy, and continued manufacturing exports. Compared to other mid-sized communities, Saginaw has a high number of patent applications per job, and more than 81 times the average US share of jobs in photovoltaic technology research and production. The city continues to have a higher proportion of manufacturing jobs than the US average.

The Saginaw metropolitan area's main shopping district is located in neighboring Saginaw Township along Bay Road and Tittabawassee Road. This area is home to several big box stores, regional restaurant chains, as well as the Fashion Square Mall, a regional shopping mall anchored by JCPenney and Macy's. Old Town and downtown Saginaw are the main areas within the city of Saginaw for consumer shopping.

Saginaw's entertainment hub can be found in the downtown area, where venues such as The Dow Event Center and the restored Temple Theatre offer live entertainment. The Saginaw Bay Symphony Orchestra and Saginaw Choral Society are housed in the Temple and each of these organizations perform full concert series annually at the Temple venue. The Saginaw Historical Society is also located downtown in an elaborate castle. Nearby, the Saginaw Art Museum boasts an impressive permanent collection and recently underwent a massive renovation. The Celebration Square area of downtown boasts an authentic Japanese Tea House, the only one of its kind in Michigan. The Andersen Enrichment Center and Rose Gardens are another attraction in Celebration Square offering ongoing art exhibits, a summer jazz concert series, and winter and summer art fairs.