Newburgh, NY - Sherwin Williams

Description:

• Sherwin Williams corporate guaranteed lease
• Brand new 10-year lease with 4 (5-year) option periods to extend, demonstrating their commitment to the site
• The lease features 10% rental increases every five years and at the beginning of each option period, growing NOI and hedging against inflation
• Estimated Jan. 2026 opening, lease has commenced with no remaining contingencies, Owner to consider sale prior to Tenant opening and provide a rent credit to Buyer

• Sherwin Williams corporate guaranteed lease
• Brand new 10-year lease with 4 (5-year) option periods to extend, demonstrating their commitment to the site
• The lease features 10% rental increases every five years and at the beginning of each option period, growing NOI and hedging against inflation
• Estimated Jan. 2026 opening, lease has commenced with no remaining contingencies, Owner to consider sale prior to Tenant opening and provide a rent credit to Buyer

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Listing ID: a28TP000001g0xVYAQ