December 13, 2024 – Jack Collins of Horvath & Tremblay has successfully completed the sale of Sherwin Williams in Twin Falls, Idaho. Horvath & Tremblay exclusively represented the Buyer to complete the transaction at a sale price of $500,000.
Sherwin Williams is located at 1936 Kimberly Road in Twin Falls, Idaho. The stand-alone building was constructed in 1971 and consists of 4,400 square feet on a 0.46-acre lot. Sherwin Williams has 3+ years remaining on a double net (NN) lease with one (1), 5-year renewal option. The corporate lease calls for an attractive 10% rent increase at the start of the renewal option. The Property is exceptionally well located along Kimberly Road (US Highway 30), the area’s primary commercial and commuter corridor. Sherwin Williams is surrounded by national and local retailers and restaurants, and industrial and warehouse buildings that drive traffic to the area. The Property enjoys convenient access to US Highway 93 and is close to the area’s densely developed residential neighborhoods that provide a built-in customer base. Twin Falls is in south central Idaho approximately 130 miles southeast of Boise, and the town’s population has grown by over 50% over the last 20 years
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.