Search
Sherwin-Williams Investment Opportunity in Muskogee
For Sale
$737,000

1821 North York Street, Muskogee, OK 74403

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

Property Size14,560 SF
Price / SF$50.62
Days on Market200

Property Features for 1821 North York Street

General Information

Standard status Active
Size 14,560 SF
Property subtype Retail
Listed By: AJ Prins
Source: Cbre
Added: Mar 25 Changed: Oct 5 Last Checked: Oct 9 at 5:23PM

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 AJ Prins

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Sherwin-Williams Paint Store Hardware & Home Improvement

Suggested Use

Top Pick Law Firm Dental Office HVAC Service Restaurant Auto Parts Store Gym & Fitness Center

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

Location Intelligence

Trade Area within ½ mile

271
Businesses Nearby
4k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 50% Home Improvements & Furnishings 26% Electronics 20% Dining 4%
BancFirst Shops & Services
2,007 visits/mo 0.4 miles
Sherwin-Williams Paint Store Home Improvements & Furnishings
1,036 visits/mo 0.1 miles
Cricket Wireless Authorized Retailer Electronics
795 visits/mo 0.2 miles
Magic Wok Dining
144 visits/mo 0.2 miles

Demographics for 74403, OK

29,419
Population
12,779
Households
2.3
Avg Household Size
40
Median Age
21%
College-Educated
88%
High-School Grad
109.7 sq mi
ZIP Area
268
Density / Sq Mi
$57,171
Median Household Income
$35,732
Median Earnings
$841
Median Rent
$145,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Wood Co Outdoor Living — 2300 N Main St, Muskogee, OK 74401

Frequently Asked Questions

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 Street 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
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again