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Sherwin Williams

$2,880,000

13701 West 175th Street, Overland Park, KS 66221

Active
Last Updated: 06/11/2025

6.15

Cap Rate

177,144

NOI

Details:
Cap Rate:    6.15%
NOI:    $177,144
Building Size:    4,596 sqft
Lot Area:    0.53 sqft
Lease Type:    Triple Net
Year Built:    2025
Tenancy:    Single
Highlights:
  • Brand-new 10-year corporate net lease with 10% rental increases every 5 years
  • Lease is backed by tenant’s parent company – The Sherwin-Williams Company
  • 2025 build-to-suit construction to tenant’s latest prototype
  • 20-year roof warranty in place
  • Sherwin Williams 2024 revenue totaled $23.10B – a year-over-year increase for the 15th consecutive year
  • Extremely affluent residential demographics – $195,000 average household incomes within a 3-mile radius of the subject property
  • Subject property is strategically located in Wolk Creek Plaza – an evolving mixed-use community with significant development planned for the near future
Description:

A corporate net leased Sherwin Williams with a 10-year base term lease featuring 10% rental increases every 5 years and 4, 5-year extension options with the same escalators. The subject property is located in Overland Park – an extremely affluent residential trade area in the Kansas City MSA boasting average household incomes of $195,000 within a 3-mile radius.

Map:
Documents:
Title
SherwinWilliams_OverlandParkKS.pdf
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Location
Gallery