- For Sale $2,948,000
- Property Type Retail
- Property Size 4,536 SF
- Lot Size 0.57 Acre
- Year Built 2024
- Date Updated May 14, 2026
Description
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-fil-A, AutoZone, Dutch Bros, Discount Tire, and many others. Surrounded by
an affluent community, the property benefits from an average household income exceeding $157,000 within a three-mile radius. The broader
trade area is experiencing significant growth, with a population of over 85,000 within ten miles and projected 7% population growth over the
next five years, positioning the asset for sustained long-term demand.
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Contacts
The Boulder Group
The Boulder Group