| New 10-year corporate lease to Sherwin-Williams | Investment grade credit (S&P: BBB; 5,000 locations) |
| World’s dominant paint brand ($83 billion market cap) | New construction - larger commercial prototype |
| Only location serving Gray - next location over 10+ mi away | Low rent-to-projected-sales ratio |
| Excellent Visibility On Bobby Hicks Hwy, which has 18,892 cars per day and less than 2 miles from Interstate 26, with 54,753 cars per day |
| Over 1.4M SF of retail, office and industrial within 2 mi with less than 1% vacancy | 167,086 people within 10 mi trade area/average HHI of $96,227 |
| Gray, TN is part of the Tri-Cities region located 15 mi south of Kingsport and 12 mi north of Johnson City |
Billy Benedict
Northmarq