Available Property
Sherwin Williams Paint Store
2163 Eagle Drive
Pagosa Springs, Colorado
$1,600,000
The subject property is a freestanding Sherwin Williams Paint store located in Pagosa Springs, Colorado. The property consists of a 5,000 sf building on 38,000 of land. Construction is brick and steel with a 20 year standing seam steel roof. Pagosa Springs is in southwest Colorado and is known for its outdoor activities, proximity to the Continental Divide, San Juan National Forest and Wolf Creek Ski area. Traffic generators include City Market, ALCO, Fairfield Pagosa Golf Club, Holiday Inn, Big O Tires, Sonic Drive-In, Pizza Hut and local retailers. The historic downtown does not allow any national retail uses. Many recreational activities are made possible by the San Juan River that flows through the heart of town. Pagosa Springs has experienced residential and commercial growth with year round residents and visitors with second homes.
Tenant: Sherwin-Williams Company
The Sherwin-Williams Company, founded in 1866, is one of the world’s leading companies engaged in the manufacture, distribution and sale of coatings and related products to professional, industrial, commercial and retail customers. Sherwin-Williams sells labeled architectural coatings, industrial finishes and associated supplies through company-operated paint and wallcovering stores in 50 states, Canada and Latin America. The Company also manufactures and sells coatings such as Dutch Boy®, Pratt & Lambert®, Martin-Senour®, Dupli-Color®, Krylon®, Thompson's® and Minwax® plus private label brands to independent dealers, mass merchandisers and home improvement centers. Sherwin-Williams has annually increased dividends since 1979 and currently operates 3,346 stores in North America. In 2005, 2006, and 2008 Forbes named Sherwin-Williams as one of the top 100 places to work in the United States.
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