Sherwin-Williams | Muskogee, OK 1821 North York Street
Muskogee, OK 74403
Sale Price
$737,000
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Retail For Sale - Available Immediately
For Sale: Sherwin-Williams | $737,000 | 11+ Years Lease Term Remaining
Get in touch
AJ Prins
AP
Sean Doyle
SD
Terry Payne
CBRE Is pleased to exclusively present for sale the Sherwin-Williams located in Muskogee, OK. The opportunity includes a corporately guaranteed investment grade credit lease with Sherwin-Williams (S&P BBB). Sherwin-Williams has occupied this property since it was built in 1993 and has over 11 years of lease term remaining at a 6.73% average CAP rate. The tenant has demonstrated their commitment to this location by exercising multiple options and most recently signing an early 10-year lease extension. Sherwin-Williams (NYSE: SHW) is a publicly traded company with a current market cap over $86 Billion. They operate in over 120 countries and as of 2024 were the largest coatings company in the world by revenue. In addition to the 6,000 square foot building, this property has additional income generated from a billboard located on the premises. The lease with Clear Channel Outdoor, Inc is based on a percentage of revenue from the billboard and offers a new owner upside potential through future income growth. The Seller has recently invested significant capital expenditures into the property for the benefit of a new owner, including a new roof in 2025 (with transferable warranty) and several upgrades to the parking lot.
This Sherwin-Williams is centrally located in Muskogee, OK. Muskogee has secured the top position in Oklahoma for capital investment in 2024, ranking #1 in the state with over $4.1 billion in announced projects, according to the Oklahoma Department of Commerce’s New Growth and Expansions Report.
This Sherwin-Williams is centrally located in Muskogee, OK. Muskogee has secured the top position in Oklahoma for capital investment in 2024, ranking #1 in the state with over $4.1 billion in announced projects, according to the Oklahoma Department of Commerce’s New Growth and Expansions Report.
Muskogee is the 13th-largest city in Oklahoma and is the county seat of Muskogee County. Home to Bacone College, it lies approximately 48 miles southeast of Tulsa.
Muskogee, Oklahoma, boasts a prime location that serves as a hub for business and leisure alike. Nestled in the heart of Green Country, Muskogee is conveniently positioned near major transportation routes, including U.S. Highways 69 and 62, facilitating seamless travel to neighboring cities like Tulsa and Fort Smith, as well as easy access to regional markets. This strategic placement not only supports local commerce but also attracts tourists eager to explore the area’s rich cultural heritage and natural beauty.
Muskogee is renowned for its historical significance and vibrant community spirit, featuring attractions such as the Five Civilized Tribes Museum and the annual Azalea Festival, which showcase the city’s unique cultural tapestry. The picturesque landscape surrounding Muskogee, with its lush parks and the scenic Arkansas River, provides ample opportunities for outdoor recreation, from fishing and boating to hiking and biking. Furthermore, the city’s commitment to economic development and community improvement ensures that Muskogee remains a thriving place to live, work, and visit. With a blend of accessibility, cultural richness, and natural beauty, Muskogee stands out as a key location in Oklahoma’s diverse landscape.
Muskogee, Oklahoma, boasts a prime location that serves as a hub for business and leisure alike. Nestled in the heart of Green Country, Muskogee is conveniently positioned near major transportation routes, including U.S. Highways 69 and 62, facilitating seamless travel to neighboring cities like Tulsa and Fort Smith, as well as easy access to regional markets. This strategic placement not only supports local commerce but also attracts tourists eager to explore the area’s rich cultural heritage and natural beauty.
Muskogee is renowned for its historical significance and vibrant community spirit, featuring attractions such as the Five Civilized Tribes Museum and the annual Azalea Festival, which showcase the city’s unique cultural tapestry. The picturesque landscape surrounding Muskogee, with its lush parks and the scenic Arkansas River, provides ample opportunities for outdoor recreation, from fishing and boating to hiking and biking. Furthermore, the city’s commitment to economic development and community improvement ensures that Muskogee remains a thriving place to live, work, and visit. With a blend of accessibility, cultural richness, and natural beauty, Muskogee stands out as a key location in Oklahoma’s diverse landscape.
Sale Price
$737,000
Get in touch
AJ Prins
AP
Sean Doyle
SD
Terry Payne