Sherwin Williams

This offering presents an excellent opportunity to acquire a single-tenant retail property leased to Sherwin-Williams (NYSE: SHW), one of the most recognizable and creditworthy tenants in the net lease sector. The property is secured by a long-term absolute NNN lease, providing investors with dependable income and no landlord responsibilities.

As a market leader in paints and coatings, Sherwin-Williams has built a robust retail presence nationwide, serving professional contractors, homeowners, and commercial clients. Their strong financial performance and investment-grade credit rating (S&P: BBB, Moody’s: Baa2) provide long-term security for investors seeking durable cash flow.

Tenant Profile – Sherwin-Williams

Founded in 1866, Sherwin-Williams has grown into a global giant in the paint and coatings industry. The company operates over 5,000 company-owned retail stores in North America, supported by a vast network of distribution centers and manufacturing facilities. With revenues exceeding $23 billion annually, Sherwin-Williams continues to capture strong market share across professional and consumer segments.

The brand is consistently ranked among the top names in home improvement and commercial construction supply. This Phoenix location is part of the company’s extensive retail footprint, ensuring a mission-critical role in supporting both contractor accounts and consumer paint sales in a high-growth metro.

Location Highlights – Phoenix, Arizona MSA

The subject property is strategically positioned within the Phoenix metropolitan area, one of the fastest-growing regions in the United States. Phoenix has seen explosive population and job growth over the past decade, driven by in-migration, corporate relocations, and a strong housing market.

The property benefits from:

• High visibility and strong traffic counts, ensuring consistent customer exposure.
• Proximity to dense residential communities and commercial corridors, supporting both contractor and retail paint demand.
• Location within a metro that has consistently ranked among the top U.S. cities for new housing permits, ensuring long-term demand for paint, coatings, and related products.

Phoenix is also a hub for construction and commercial development, further driving Sherwin-Williams’ contractor-focused business line.

Retail Market Strength

The Phoenix retail market has demonstrated resilience and stability, supported by the region’s rapid population growth and robust housing sector. New housing starts, commercial projects, and industrial expansions continue to fuel demand for construction-related goods and services, including Sherwin-Williams’ product lines.

With strong fundamentals and one of the fastest-growing populations in the nation, Phoenix provides a favorable environment for long-term retail investment.

Investment Highlights

• Tenant: Sherwin-Williams Company (NYSE: SHW)
• Credit: Investment-grade rated (S&P: BBB, Moody’s: Baa2)
• Lease Structure: Absolute NNN – zero landlord responsibilities
• Lease Term: Long-term lease with scheduled rental increases
• Location: Phoenix MSA – one of the nation’s fastest-growing markets
• Mission-Critical Retail Store: Strong contractor and retail paint sales volume
• Growing Market: Phoenix continues to lead in housing starts and commercial development