227 N Broadway Ave | Sylacauga, AL | Sherwin-Williams Retail

Highlights:

• Long-Term, Credit-Backed Anchor - Sherwin-Williams has operated at this location for 50+ years; S&P BBB credit rating.
• Stabilized Retail Asset - 100% leased: Sherwin-Williams plus one service tenant; 6,123 SF total GLA.
• Attractive Price Point - $306K and $50 PSF, rarely seen for a national-credit tenant.
• NN+ Lease - With minimal responsibilities. Tenant reimburses taxes & insurance; landlord limited to roof/structure, parking lot, and HVAC repairs over $1,500.00.
• Strong Remaining Term - 3.5+ years left on primary term with structured increases and multiple long-term extension options.
• High-Visibility Corner Location - Signalized intersection with 65' Broadway frontage and prominent dual-street exposure.
• Reliable Traffic Counts - 9,000-10,000+ VPD along Broadway Ave.
• Near Coosa Valley Medical Center - Walkable to this major demand driver, boosting daytime population and service demand.

Description:

AICRE Partners is proud to present 227 N Broadway Ave, a fully occupied 6,123 SF retail asset strategically positioned in the commercial core of Sylacauga, Alabama. The property is anchored by Sherwin-Williams, a nationally recognized paint retailer with an exceptional operating history at this location dating back to 1974. Their long-term presence demonstrates strong in-market performance and ongoing demand for this corridor. The asset benefits from a high-visibility, signalized corner along N Broadway Ave, one of Sylacauga's primary north-south arteries, seeing 9,000+ vehicles per day. Dual street frontage enhances accessibility and brand exposure for all tenants.

Sherwin-Williams occupies 5,523 SF, while one local service-oriented tenant contributes additional income and foot traffic. The store operates under a NN+ lease with 3.5+ years remaining with multiple renewal options extending well into the future. Sherwin-Williams maintains an investment-grade credit rating (S&P: BBB) and continues to demonstrate performance stability across its portfolio. With over 18,000 residents within a 5-mile radius, consistent employment in the local trade area, and proximity to Coosa Valley Medical Center-a major regional employer- the property is supported by steady, needs-based consumer activity. Updated demographic data show resilient household income and strong spending power in everyday retail categories surrounding the site. Priced at $306,488 with a 6.75% cap rate, 227 N Broadway offers investors an accessible entry point into a durable, credit-backed retail investment with a half-century operating history and future upside through contractual rent escalations.

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