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Miscellaneous

Sherwin-Williams

7310 Corporate Dr, Manvel, TX 77578

Listing Price: $3,232,000

Cap Rate
5.50%
Tenant Name
Sherwin-Williams
Years Remaining On Lease
10.1
Gross SF
4,500
Guarantor
Corporate Guarantee
Rentable SF
4,500
Price/Gross SF
$718.22
Lease Type
Double Net
Rent Per Square Feet
$39.51

Investment Overview

A Fortune 500 company in the general building materials industry, Sherwin-Williams is a global leader in the manufacture, development, distribution and sale of paint, coatings and related products to professional, industrial, commercial and retail customers primarily in North and South America and Europe.

Manvel is a city in Brazoria County, Texas, part of the Houston metropolitan area and home to over 17,000 people. This rapidly growing city sits along the Highway 288 corridor south of Houston and offers small-town charm, family-friendly neighborhoods, and convenient access to one of America’s largest metropolitan areas.

Investment Highlights

  • New 10-Year Lease with Corporate Sherwin-Williams (NASDAQ: SHW) Guaranty
  • Ten Percent Rental Increases Every Five Years with Multiple Renewal Options
  • Sherwin-Williams 2025 Revenue was Over $23.57 Billion & 2025 EBITDA Increased by 5.7 Percent to $4.48 Billion
  • New High-Quality 2026 Construction
  • Located in One of the Fastest-Growing Communities in the Houston MSA - Households and Population Projected to Increase Over 15 Percent within One-Mile by 2030
  • Adjacent to Two Large Master-Planned Communities - Approximately 8,000 Single-Family Homes at Build-Out
  • Average Household Income Exceeds $141,000 within a Five-Mile Radius
  • Excellent Frontage Along Morris Ave/Highway 6 (Approximately 37,000 Cars per Day)

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Miscellaneous

Sherwin-Williams

Listing Price: $3,232,000

Cap Rate
5.50%
Tenant Name
Sherwin-Williams
Years Remaining On Lease
10.1
Gross SF
4,500
Guarantor
Corporate Guarantee
Rentable SF
4,500
Price/Gross SF
$718.22
Lease Type
Double Net
Rent Per Square Feet
$39.51

Investment Highlights

  • New 10-Year Lease with Corporate Sherwin-Williams (NASDAQ: SHW) Guaranty
  • Ten Percent Rental Increases Every Five Years with Multiple Renewal Options
  • Sherwin-Williams 2025 Revenue was Over $23.57 Billion & 2025 EBITDA Increased by 5.7 Percent to $4.48 Billion
  • New High-Quality 2026 Construction
  • Located in One of the Fastest-Growing Communities in the Houston MSA - Households and Population Projected to Increase Over 15 Percent within One-Mile by 2030
  • Adjacent to Two Large Master-Planned Communities - Approximately 8,000 Single-Family Homes at Build-Out
  • Average Household Income Exceeds $141,000 within a Five-Mile Radius
  • Excellent Frontage Along Morris Ave/Highway 6 (Approximately 37,000 Cars per Day)

Investment Overview

A Fortune 500 company in the general building materials industry, Sherwin-Williams is a global leader in the manufacture, development, distribution and sale of paint, coatings and related products to professional, industrial, commercial and retail customers primarily in North and South America and Europe. Manvel is a city in Brazoria County, Texas, part of the Houston metropolitan area and home to over 17,000 people. This rapidly growing city sits along the Highway 288 corridor south of Houston and offers small-town charm, family-friendly neighborhoods, and convenient access to one of America’s largest metropolitan areas.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

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