418 2nd St, Ironton, OH 45638-1722

This exceptional investment opportunity presents a 5,300 square foot retail shopping center in Ironton, Ohio, currently boasting 100% occupancy. The property features two tenants: a Sherwin-Williams store, a Fortune 500 company with a BBB credit rating and over $20 billion in annual revenue, and Liberty Tattoo, a long-term tenant since 2013. The Sherwin-Williams lease, in place since 1991, has been renewed five times, demonstrating strong tenant commitment. The property enjoys a prime location at a signalized intersection with dual access from Adams Street and 2nd Street, surrounded by a dense concentration of major retailers including Dollar Tree, Speedway, Long John Silver's, Wendy's, Holiday Inn, and CVS. This strategic positioning, coupled with Sherwin-Williams' e-commerce-resistant business model and limited local competition, ensures a stable and resilient investment. The property generates a strong net operating income (NOI) of $26,517, resulting in an attractive 7.00% cap rate. The asking price is $378,814. This is a modified net lease investment with a multi-tenant occupancy. The property consists of one building with two units. This is a rare opportunity to acquire a well-positioned, high-performing retail property with a strong tenant roster in a thriving market.