Sherwin Williams


April 19, 2024

Home Improvements

Tenant Description

Sherwin-Williams, established in 1866, stands as a titan in the paint and coatings industry, serving customers globally with a vast array of products tailored for various applications, from residential to industrial uses. With a rich history spanning over 150 years, the company has solidified its market position through innovation, quality, and an extensive network of over 4,900 stores worldwide. This expansion reflects Sherwin-Williams' commitment to accessibility and customer service, making it a household name in both professional and consumer markets.

The brand is renowned for its comprehensive product line, including a wide range of paints, coatings, and related products that cater to diverse needs and preferences. Sherwin-Williams' dedication to research and development ensures a continuous stream of advanced, high-quality offerings, enhancing its appeal to a broad customer base. This focus on innovation is complemented by the company's commitment to sustainability and environmental stewardship, further elevating its reputation and customer loyalty.

Technological integration is a pivotal aspect of Sherwin-Williams' strategy, leveraging digital tools and platforms to enhance customer engagement and streamline operations. From color selection tools to efficient supply chain management, the company employs technology to maintain its competitive edge and meet evolving market demands.

Recent financial reports highlight Sherwin-Williams' strong performance, with significant sales growth and profitability. This financial robustness, combined with strategic investments in expansion and innovation, underscores the company's enduring market leadership and potential for future growth.

As a tenant, Sherwin-Williams represents a highly attractive proposition, characterized by its iconic brand, proven track record of financial stability, and strategic approach to expansion and customer engagement. The company's longstanding industry presence and commitment to excellence make it a desirable and reliable occupant in any commercial real estate portfolio, offering landlords and investors a blend of stability and growth potential.

Average Asking Cap Rate


3 mo avg (227 properties)

Typical Investment/Lease

Average Sale Price




$/Square Foot

$350 - $630

Building SF

4,400 - 5,800

Approx. Store Count


Lease Term

10 Years


10% Every 5 Years

Stock Symbol


Credit Quality



Average Asking Cap Rate Trend





Reflect only properties with long-term lease.

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