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Sherwin-Williams NNN Retail Property
New
For Sale
$3,075,000

3851 W University St, Springfield, MO 65807

Brand-new build-to-suit occupied under a 10-year corporate lease.

Property Size4,536 SF
Days on Market4

Property Features for 3851 W University St

General Information

Standard status Active
Size 4,536 SF
Property subtype Retail

Building Details

Building Size 4,536 SF
Year Built 2026
Tenancy Single
Listing Agency: CP Partners
Listed By: John Andreini · License #CalDRE #01440360
Source: Cppcre
Added: Sep 2 Changed: Sep 4 Last Checked: Sep 5 at 4:01AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CP Partners

Investment Insights

Based on property information with market context.

This NNN retail property is a 2026 build-to-suit facility developed to Sherwin-Williams’ current prototype. The asset is subject to a 10-year corporate lease with 10% rental increases scheduled every 5 years during the base term and option periods. The tenant carries an investment-grade BBB credit rating from S&P.

The property is located at 3851 W University St in Springfield, Missouri, between Menards, Chick-fil-A, and Springfield Plaza. The 1.2M SF shopping center includes Ross, Petco, Michaels, Ulta, and Five Below. Missouri State University’s Springfield campus reported enrollment of more than 25,000 students in 2025, adding a substantial institutional presence to the surrounding area.

Key Highlights

  • 2026 build‑to‑suit facility developed to Sherwin‑Williams’ current prototype
  • 10‑year corporate lease with 10% rental increases every 5 years
  • Sherwin‑Williams carries an investment‑grade BBB credit rating from S&P

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Bakery Hair Salon Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

92
Businesses Nearby
35k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 100%
Whataburger Dining
21,287 visits/mo 0.5 miles
Taco Bell Dining
13,844 visits/mo 0.5 miles

Demographics for 65807, MO

55,168
Population
28,546
Households
1.9
Avg Household Size
36
Median Age
33%
College-Educated
94%
High-School Grad
21.0 sq mi
ZIP Area
2,627
Density / Sq Mi
$50,271
Median Household Income
$33,510
Median Earnings
$994
Median Rent
$174,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Brand-new build-to-suit occupied under a 10-year corporate lease.
Where is this nnn property located?
The property is located at 3851 W University St Springfield, MO.
What is the asking price?
The asking price for this property is $3,075,000.
What are key features of this property?
This property features: 2026 build‑to‑suit facility developed to Sherwin‑Williams’ current prototype; 10‑year corporate lease with 10% rental increases every 5 years; Sherwin‑Williams carries an investment‑grade BBB credit rating from S&P
More about this property
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