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1821 North York St Muskogee, OK 74403

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For Sale
$737,000

NNN leased Sherwin-Williams with over 11 years remaining in Muskogee,OK.

Property Features for 1821 North York St

General Information

Standard status
Active

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Listing Contact
Aj Prins
Source: Cbre

Listing Agent: Aj Prins

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Sherwin-Williams Investment Opportunity in Muskogee

The Sherwin-Williams property in Muskogee, OK, presents an investment opportunity with a corporately guaranteed, investment-grade credit lease (S&P BBB). The tenant, Sherwin-Williams, has occupied the 6,000 square foot building since its construction in 1993 and has over 11 years of lease term remaining at a 6.73% average CAP rate. The tenant has demonstrated commitment to this location by exercising multiple options and recently signing an early 10-year lease extension. Sherwin-Williams (NYSE: SHW) is a publicly traded company with a market cap over $86 Billion. They operate in over 120 countries and were the largest coatings company in the world by revenue as of 2024. In addition to the building, the property generates income from a billboard located on the premises, leased to Clear Channel Outdoor, Inc, based on a percentage of revenue, offering potential income growth. The seller has invested in capital improvements, including a new roof in 2025 (with transferable warranty) and parking lot upgrades. Muskogee is the 13th-largest city in Oklahoma and is the county seat of Muskogee County, located approximately 48 miles southeast of Tulsa. Muskogee secured the top position in Oklahoma for capital investment in 2024, ranking #1 in the state with over $4.1 billion in announced projects. The property is centrally located in Muskogee, near major transportation routes, including U.S. Highways 69 and 62.
Location Intelligence

Current Use by Public Records

Sherwin-Williams Paint Store Hardware & Home Improvement

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Homeland Florist

Location Insight

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  • Local Demand
City
Muskogee
County
Muskogee
State
Oklahoma
Longitude
-95.3406611
Latitude
35.765192

FAQs

What type of property is this?
Storefront property - NNN leased Sherwin-Williams with over 11 years remaining in Muskogee,OK.
Where is this storefront property located?
The property is located at 1821 North York St Muskogee, OK.
What is the asking price?
The asking price for this property is $737,000.
What are key features of this property?
This property features: - Corporately guaranteed lease with investment grade credit (S&P BBB) Sherwin-Williams.; - Over 11 years of remaining lease term with Sherwin-Williams.; - Recent capital expenditures including a new roof in 2025 (with transferable warranty) and parking lot upgrades.
More about this property
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