Investing in Sherwin-Williams Net Lease Properties
NNN Retail Advisors specializes in the acquisition and disposition of single-tenant net lease Sherwin-Williams investment properties across Texas and the Southeast. These assets are highly sought after due to their strong corporate credit, essential business model, and long-term stability.
What is a Sherwin-Williams Net Lease Investment?
A Sherwin-Williams net lease property is a single-tenant retail investment typically structured as a double net (NN) lease, where the tenant is responsible for property taxes and insurance, while the landlord maintains responsibility for the roof and structure.
These properties are commonly built as build-to-suit locations with 10-year initial lease terms and multiple extension options, offering investors stable income backed by a highly rated corporate tenant.
Why Investors Target Sherwin-Williams Properties
- Strong corporate credit tenant – Sherwin-Williams (S&P: BBB+)
- Essential service retail (paint, coatings, construction supply)
- Consistent performance tied to housing and commercial development
- Corporate-backed leases (not franchise-based)
- Well-located sites in growing suburban and infill markets
Typical Investment Profile
- Purchase Price: $2.0M – $4.5M+
- Cap Rates: Typically 6.00% – 6.75%
- Lease Structure: Double Net (NN)
- Lease Term: 10 Years Primary Term
- Rent Increases: Typically in option periods
Why Sherwin-Williams is a Strong Tenant
Sherwin-Williams is a leading global manufacturer and distributor of paints, coatings, and related products, operating over 4,900 stores across North America. The company serves both professional contractors and do-it-yourself customers, maintaining a dominant position in the paint and coatings industry.
The business is closely tied to residential housing, remodeling, and commercial construction activity, providing long-term demand drivers and stability across economic cycles.
Recent Sherwin-Williams Transactions
- Floresville, Texas (San Antonio MSA)
- Multiple Texas and Southeast locations
NNN Retail Advisors actively represents buyers and sellers in Sherwin-Williams net lease transactions and works with 1031 exchange investors nationwide seeking stable, credit-backed investments.
Contact NNN Retail Advisors
Gavin Kam – Partner
📧 gavin@nnnretailadvisors.com
📞 (972) 375-3437
Brad Kam – Partner
📧 brad@nnnretailadvisors.com
📞 (972) 375-3438