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Sherwin-Williams

$3,654,000

3560 East Evergreen Street, Springfield, MO 65803

Active
Last Updated: 09/02/2026

6

Cap Rate

219,240

NOI

Details:
Cap Rate:    6%
NOI:    $219,240
Lot Area:    1.78 acres
Lease Type:    Triple Net
Year Built:    2026
Tenancy:    Single
Parking Spots:    18
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
  • 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
Description:

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.

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Documents:
Title
SherwinWilliams_Evergreen_SpringfieldMO.pdf
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