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Sherwin-Williams NNN Property
For Sale
Contact for pricing
Pending

574 84th St SW, Byron Center, MI 49315

Net lease with scheduled 10% rental increases and option-period provisions.

Property SizeContact for details
Days on Market141

Property Features for 574 84th St SW

General Information

Standard status Pending
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: Alrig USA
Listed By: Vincent Pipia · License #MI 6501400083
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 5:42PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Alrig USA

Investment Insights

Based on property information with market context.

The property at 574 84th St SW in Byron Center, Michigan, is leased to Sherwin-Williams under a 10-year net lease with 7.5 years remaining. Contract terms provide for 10% rental increases every five years, with the increases applying during both option periods.

Sherwin-Williams is identified as a corporate tenant and trades on the NYSE under the symbol SHW. Standard & Poor’s assigns the company a BBB rating. The tenant reported 2023 annual revenue of $23B.

Key Highlights

  • 7.5 years remaining on a 10‑year net lease
  • 10% rental increases every five years
  • Scheduled increases apply during both option periods

Property Analytics

Current Use

Sherwin-Williams Paint Store Hardware & Home Improvement

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Repair Shop Storage Facility Building Supply Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

29
Businesses Nearby

Demographics for 49315, MI

26,148
Population
9,527
Households
2.7
Avg Household Size
39
Median Age
46%
College-Educated
97%
High-School Grad
55.2 sq mi
ZIP Area
474
Density / Sq Mi
$111,358
Median Household Income
$54,811
Median Earnings
$1,297
Median Rent
$357,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Net lease with scheduled 10% rental increases and option-period provisions.
Where is this nnn property located?
The property is located at 574 84th St SW Byron Center, MI.
What are key features of this property?
This property features: 7.5 years remaining on a 10‑year net lease; 10% rental increases every five years; Scheduled increases apply during both option periods
More about this property
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