Sherwin-Williams

Investment Overview

Brand-new 10-year corporate Sherwin-Williams lease featuring 10% rental increases throughout the base term and option periods. Sherwin-Williams holds an investment grade credit rating of “BBB” from the S&P and reported $23.6 billion in revenues in FY 2025, a 2.1% increase over the previous year. This location is one of 140+ “Floorcovering Store” concepts in the Sherwin-Williams system that focuses on flooring products and services, rather than primarily paint; and has full flooring showroom and warehouse/distribution capabilities.

Investment Highlights

• Corporate Lease: 10-year lease signed by The Sherwin-Williams Company featuring 10% rental increases every 5 years
• Floorcovering Store: Larger format “Floorcovering Store” location with full flooring showroom and warehouse/distribution capabilities (learn more here)
• Brand New Building: 2026 build-to-suit construction to tenant’s latest “Floorcovering Store” prototype
• Sterling Credit: The company has an investment grade credit rating of “BBB”
• from the S&P
• Financial Strength: FY 2025 revenues totaled $23.6 billion, up 2.1% over the previous year
• Brand Recognition: Ranked #194 on the Fortune 500 list
• Global Reach: Over 5,400 store locations across the U.S., Canada, the Caribbean, South America, Australia, and New Zealand
• Regional Industrial Hub: Springfield’s industrial capabilities are supported by its strategic interstate access, established manufacturing base, and growing logistics and distribution sector
• University Presence: Missouri State University – the 2nd largest university in Missouri – had over 25,000 students enrolled at the Springfield campus in 2025