Sherwin-Williams 20255 Eva st 4,536 SF Retail Building Montgomery, TX 77356 $4,115,172 CAD ($907.22 CAD/SF) 6% Cap Rate

The Boulder Group is pleased to exclusively market for sale a single-tenant net-leased Sherwin-Williams property located in Montgomery, Texas, within the Houston MSA. Completed in early 2025, the property is secured by a new 10-year lease that commenced in March 2025, featuring 10% rental escalations every five years. Sherwin-Williams, a nationally recognized brand, boasts an investment-grade credit rating of BBB+ from Standard & Poor’s.
The 4,536-square-foot building is strategically located along Eva Street, a primary thoroughfare in Montgomery that sees over 20,500 vehicles per day. This asset is part of a rapidly expanding retail corridor that has attracted numerous national and regional tenants, including The Home Depot, Kroger, H-E-B (Future development), CVS, Starbucks, Chick-?l-A, AutoZone, Dutch Bros, Discount Tire, and many others. Surrounded by an affluent community, the property bene?ts from an average household income exceeding $157,000 within a three-mile radius. The broader trade area is experiencing signi?cant growth, with a population of over 85,000 within ten miles and projected 7% population growth over the next ?ve years, positioning the asset for sustained long-term demand.
Sherwin-Williams, founded in 1866, is a global leader in the development, manufacturing, and sale of paints, coatings, and related products. Headquartered in Cleveland, Ohio, the company operates more than 4,800 company-owned stores and facilities across North America, with a presence in over 120 countries. Sherwin-Williams serves a diverse customer base, including professional contractors, industrial manufacturers, and DIY homeowners, offering industry-leading brands such as Sherwin-Williams®, Valspar®, Minwax®, and Krylon®. With a strong commitment to innovation and sustainability, the company continues to expand its product offerings and improve performance across residential, commercial, and industrial applications.