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Tenant Profiles

Sherwin-Williams

B+E > B+E INSIGHTS > Tenant Profiles > Sherwin-Williams
02/29/2024 By B+E

Sherwin-Williams

sherwin-williams.com

20
Number on Market

$1.7M
Average Price

7.6
Average Remaining Term (Years)

5.92%
Average Cap Rate

Sherwin Williams Tenant Overview

Sherwin-Williams is a renowned American company that has established itself as a leading player in the global paint and coatings industry. Founded in 1866, the company has a rich history spanning over a century and a half. Sherwin-Williams’ core business centers around the manufacturing, distribution, and sale of paints, coatings, and related products.

Sherwin-Williams operates a vast network of retail stores, serving both professional contractors and do-it-yourself homeowners. The company’s paint stores offer an extensive range of high-quality paints, stains, and coatings, catering to a diverse array of applications, from interior and exterior walls to industrial and commercial projects. Beyond its retail presence, Sherwin-Williams also caters to industrial and commercial clients through its Performance Coatings Group. This division provides a comprehensive range of coatings for various sectors, including automotive, aerospace, marine, and heavy industrial.

sherwin williams

Tenant Data:

Company Sherwin-Williams Company
Ownership Public
Headquarters Cleveland, OH
Ticker NYSE: SHW
Credit Rating Baa3 (Moody’s)
Annual Revenue $23.1B (FY 2022)
Locations (North America) ± 3,887
Website www.sherwin-williams.com
Average Sherwin-Williams Info
Number on Market 20
Average Price $1,716,130
Average Remaining Term 7.6 Years
Average Cap Rate 5.92%
Average NOI $98,782
Average PPSF $330
Average Building SF 6,252 SF
Average Lot Size 0.87 AC
AS OF 02/06/2024

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