January 13, 2026 | Palomar Group
The Palomar Group announced the successful sale of a Sherwin-Williams property located at 109 N Yonge Street in Ormond Beach, Florida. The transaction closed on December 30, 2025.
The 5,151-square-foot single-tenant property is occupied by Sherwin-Williams and features five years remaining on the lease, providing the buyer with stable, long-term cash flow backed by a nationally recognized tenant. The asset was acquired by a private buyer from a private seller. The sale price was not disclosed.
“We’re excited to close another Florida Sherwin-Williams,” said Brent Hadden, Associate at The Palomar Group. “Congratulations to both the buyer and seller on a seamless transaction.”
This transaction reflects continued investor demand for credit-backed assets in strong Florida markets.
About The Palomar Group
Headquartered in Augusta, Georgia, The Palomar Group is a full-service commercial investment sales firm specializing in the sale of single-tenant, multi-tenant, and multifamily properties across the United States. With a proven track record of over $1.5 billion in completed transactions spanning 19 states and more than 14 million square feet, The Palomar Group is committed to delivering exceptional results through data-driven strategies, deep market knowledge, and a client-focused approach.
For more information, please contact a member of The Palomar Group.