Sherwin-Williams

Interested in selling your Sherwin-Williams NNN property or Sherwin-Williams ground lease property and was wondering what you can get for it in today’s changing market?

Contact us for a complimentary broker opinion of value for your off-market Sherwin-Williams NNN property for sale or Sherwin-Williams ground lease property for investment, specifically tailored to support your 1031 exchange requirements. This valuable assessment will provide you with the necessary clarity to make informed decisions regarding the sale of your Sherwin-Williams NNN property or the inclusion of a Sherwin-Williams ground lease property in your investment portfolio. As specialists in working with 1031 exchange buyers seeking off-market Sherwin-Williams properties, we are dedicated to delivering competitive offers with reduced fees to help you maximize your investment returns.

Number of locations

As of December 31, 2022, Sherwin-Williams operates over 4,300 stores in over 120 countries. This includes both company-owned and franchised locations.

Revenue and income

In 2022, Sherwin-Williams’ total revenue was $21.4 billion. Net income was $2.8 billion.

Future plans

Sherwin-Williams is committed to continued growth and expansion. The company plans to invest in new stores, product development, and technology advancements. Specific plans are not publicly disclosed.

Corporate vs. franchise

Approximately 40% of Sherwin-Williams stores are company-owned, while 60% are franchised. Franchisees typically pay a franchise fee and ongoing royalty fees based on sales.

Additional information Sherwin-Williams Properties

Established in Cleveland, Ohio, in 1866, Sherwin-Williams had its founding.
The company is the largest paint and coatings manufacturer in the world.
Sherwin-Williams offers various paints, coatings, stains, and related products for residential, commercial, and industrial applications.
The shares are traded publicly on the New York Stock Exchange under the SHW ticker.

Sherwin-Williams History

Established in 1866 in Cleveland, Ohio, by Henry Sherwin and Edward Williams, Sherwin-Williams initially served as a paint provider for carriage makers. Over the years, the company evolved, introducing innovative products like ready-mixed paints and color-matching systems. Throughout the 20th century, Sherwin-Williams experienced consistent growth through acquisitions and partnerships, becoming a prominent paint and coatings manufacturer. Today, with over 4,800 global stores, it is the largest specialty paint retailer worldwide, maintaining a rich history of adaptability and innovation.

Why Invest in Ground Lease and NNN Lease of Sherwin-Williams?

Investing in Sherwin-Williams’ ground lease and triple net (NNN) lease properties presents attractive opportunities:

1) Sherwin-Williams NNN Property Investment: Stable income

With a dominant market position and established brand, Sherwin-Williams offers reliable income streams. Ground and NNN leases provide predictable cash flows over the long term.

2) Sherwin-Williams NNN Property Investment: Established tenant

Sherwin-Williams’ proven track record and strong brand recognition minimize the risk of vacancy or lease default, ensuring a stable tenant for the property.

3) Sherwin-Williams NNN Property Investment: Low management responsibility

Ground and NNN leases typically shift property maintenance and expense management to the tenant, minimizing the landlord’s involvement.

4) Sherwin-Williams NNN Property Investment: Favorable lease terms

Long lease terms with built-in rent escalations provide predictable income and potential rental growth.

5) Sherwin-Williams NNN Property Investment: Real estate value

Sherwin-Williams’ strategic locations in high-traffic areas can increase property value, offering potential capital appreciation.

Pros and Cons of Sherwin-Williams Ground Lease and NNN Lease Investment

Pros:

1. Stable income from a well-established, industry-leading company.
2. Reduced risk of vacancy and lease default due to solid tenant profile.
3. Minimal management responsibility for landlords.
4. Long lease terms offer stability and potential for income growth.

Cons:

1. Lease renewal risk exists upon term expiration.
2. Reliance on Sherwin-Williams’ continued success and ability to overcome any operational challenges.
3. Market saturation and competition could impact profitability.
4. Limited control over property decisions lies with the tenant.
5. Inherent economic and market risks associated with real estate investments.

Thorough due diligence and consideration of location, lease terms, tenant strength, and investment strategy are essential. Seek guidance from real estate professionals and financial advisors to align with your goals and risk tolerance.