Sherwin Williams
Brand New Construction | $193,000 Avg. HHI | Investment Grade Tenant
Marketing description
Jones Lang LaSalle ("JLL") is pleased to exclusively offer the opportunity to acquire the newly constructed 4,500 square foot Sherwin Williams, located in Parker, Colorado. The single tenant retail asset will operate on a 10-year NNN lease with four 5-year options.
Sherwin Williams is strategically positioned in Parker's primary retail corridor at 13065 Copperhead Trail, with exposure to over 50,000 vehicles per day. The property benefits from Parker's strong demographics, including a population of 104,000 and a median household income of $193,000 in a 5 mile radius. The surrounding retail features nationally recognized tenants such as King Soopers (Kroger), Firestone, Grease Monkey, and Walgreens.
As the largest paint and coatings company in the world with over 5,400 retail locations, Sherwin Williams has strategically selected this Parker location to serve one of the Denver metro area's fastest growing submarkets. The company maintains investment-grade credit ratings and has demonstrated consist growth through strategic market expansion. This location allows Sherwin Williams to serve the area's affluent homeowner base and capture demand from the ongoing residential and commercial construction activity.
This newly constructed, institutional-quality asset offers investors a stable, credit-rated tenant in a high growth submarket with strong demographics and excellent visibility.
Investment highlights
- Brand new 2026 construction, offering a low deferred-maintenance asset
- Exceptionally rare and landlord-friendly Sherwin-Williams lease offering minimal landlord obligations, whereby Tenant assumes direct responsibility for HVAC, landscaping, and parking area maintenance (including snow and ice removal)
- Investment grade tenant, BBB+ rating (Moody's) with stable outlooks
- Located in Parker, one of Colorado's fastest-growing and most affluent suburbs (15% growth since 2020)
- Strong demographics with 104,000 residents in a 5-mile radius earning an average household income of nearly $193,000
- Dominant trade area anchored by a brand new King Soopers, Walgreens, Chase Bank, and other future national tenants
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