Sherwin-Williams Anchored Strip Center – Pittsburg, PA

Sherwin-Williams Anchored Strip Center
3479 Babcock Blvd, Pittsburgh, PA 15237, USA

Sands Investment Group is pleased to exclusively offer for sale the 6,200 SF Sherwin-Williams Anchored Strip Center located at 3479 Babcock Blvd in Pittsburgh, PA. This investment is anchored by Sherwin-Williams, a Fortune 500 tenant that has successfully operated at the property since 1997, providing long-term stability with a lease extending through 2029 and a pre-negotiated renewal option through 2034. The asset is further strengthened by a recently executed long-term lease with North Hills Kitchen & Bath featuring annual rent escalations, creating built-in NOI growth and reducing near-term leasing risk.

  • Anchored By A Fortune 500 Credit Tenant: Sherwin-Williams has operated from this location since 1997, demonstrating nearly 3 decades of continuous occupancy. With a lease extending through February 2029 and a pre-negotiated renewal option through 2034, the property offers investors long-term income backed by one of the nation’s most stable investment-grade retail tenants.
  • Newly Signed Long-Term Lease With Built-In Rent Growth: North Hills Kitchen & Bath recently recommitted to the property with a new lease extending through March 2029. The lease includes contractual annual rent increases, providing guaranteed, scheduled income growth while minimizing near-term leasing risk.
  • Brand-New Roof With 20-Year Warranty: The roof was fully replaced in 2024 and is backed by a 20-year warranty, significantly reducing near-term capital expenditure requirements. This provides investors with a true turnkey, income-producing asset insulated from 1 of the most significant maintenance costs associated with retail ownership.
  • Well-Located, Established Retail Corridor: Situated on Babcock Boulevard in Pittsburgh’s North Hills submarket, the property benefits from strong traffic counts and a dense, established residential base. This durable, needs-based retail corridor has supported consistent tenancy at the property for nearly 30 years.

In Cooperation With Sands Investment Group Pennsylvania, LLC – Lic. PA #RB069072 – BoR: Tom Gorman – Lic. PA #RM424383

Sherwin-Williams Anchored Strip Center
3479 Babcock Blvd, Pittsburgh, PA 15237, USA

SHERWIN-WILLIAMS

Sherwin-Williams (NYSE: SHW) is one of the world’s largest manufacturers and retailers of paints, coatings, and related products. Founded in 1866, the company serves professional contractors, industrial customers, commercial businesses, and homeowners through an extensive network of company-operated stores and global distribution channels. With more than 5,000 stores and operations spanning over 120 countries, Sherwin-Williams has built a reputation for premium products, industry-leading innovation, and long-term financial stability.

BRAND MOMENTUM

  • Operates 5,000+ paint stores across North America.
  • Generates approximately $23.6 billion in annual revenue.
  • Serves commercial, industrial, and residential customers in 120+ countries.
  • Industry leader with 150+ years of operating history and an investment-grade profile.

NORTH HILLS KITCHEN & BATH

North Hills Kitchen & Bath is a locally owned design-build remodeling company specializing in custom kitchens, bathrooms, basements, additions, and whole-home renovations throughout the Greater Pittsburgh region. Operating from a dedicated showroom, the company provides comprehensive design, product selection, and installation services through a team of specialized craftsmen led by an engineer-owner. With a reputation for quality workmanship, personalized service, and expertise in residential remodeling, North Hills Kitchen & Bath has established a strong presence in the Pittsburgh market and continues to benefit from sustained demand for home renovation services.

BRAND MOMENTUM

  • Serves homeowners throughout the Greater Pittsburgh market.
  • Specializes in kitchens, baths, basements, additions & home renovations.
  • Engineer-owned company with specialized trade professionals

Price

$1,400,000

Cap Rate

7.21%

PREMISES

6,200 SF

YEAR BUILT

1998

Lease Type

NNN

BROKERS

Clayton Coassin
Charlotte
Gary W. Berwick, CCIM
Charlotte

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