High Barrier to Entry Market: Monroe County’s Rate of Growth Ordinance (ROGO) heavily restricts new, permanent construction, limiting supply and positions Sherwin Williams to be operating at this store far beyond the remaining term.
99th Percentile Rank: Per AlphaMap Brand Ranking, this store ranks #56/4,381 across the country and #14/349 across the state of Florida.
Maximum Exposure: Located directly off Overseas Highway, the main road stretching 113 miles through the entirety of the Florida Keys, the property has visibility to over ±24,000 vehicles daily.
Scheduled Exterior Repairs: The tenant recently notified the landlord of corporately approved upgrades to the exterior taking place at the end of Q1 – beginning of Q2 2026.
Limited Tenant Footprint: The next closest Sherwin Williams locations are over 40-miles in Key Largo and Key West.
Passive Leave Structure: The lease features minimal obligation with the landlord only being responsible for the roof, structure and foundation.
Long Term Operation: Sherwin Williams has been operating at this store for over 21 years, further demonstrating the key role this location plays for the local economy.
Investment Grade Credit Tenant: Sherwin Williams (NYSE: SHW) includes a BBB+ credit rating from S&P and reported fourth-quarter earnings on January 29, 2026, including a 2.1% YOY increase in net sales to $23.57 billion.
Fortune 200 Company: Sherwin Williams Ranks #191 on the fortune 500 list operating over 4,700+ across all 50 states.