Retail Business for Sale in Muskogee, OK

  • Price: $737K
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Muskogee, OK 74403

Description

For Sale: Sherwin-Williams | $737,000 | 11+ Years Lease Term Remaining CBRE Is pleased to exclusively present for sale the Sherwin-Williams located in Muskogee, OK. The opportunity includes a corporately guaranteed investment grade credit lease with Sherwin-Williams (S&P BBB). Sherwin-Williams has occupied this property since it was built in 1993 and has over 11 years of lease term remaining at a 6.73% average CAP rate. The tenant has demonstrated their commitment to this location by exercising multiple options and most recently signing an early 10-year lease extension. Sherwin-Williams (NYSE: SHW) is a publicly traded company with a current market cap over $86 Billion. They operate in over 120 countries and as of 2024 were the largest coatings company in the world by revenue. In addition to the 6,000 square foot building, this property has additional income generated from a billboard located on the premises. The lease with Clear Channel Outdoor, Inc is based on a percentage of revenue from the billboard and offers a new owner upside potential through future income growth. The Seller has recently invested significant capital expenditures into the property for the benefit of a new owner, including a new roof in 2025 (with transferable warranty) and several upgrades to the parking lot. This Sherwin-Williams is centrally located in Muskogee, OK. Muskogee has secured the top position in Oklahoma for capital investment in 2024, ranking #1 in the state with over $4.1 billion in announced projects, according to the Oklahoma Department of Commerce’s New Growth and Expansions Report.

Market Context

This retail in Muskogee, OK is listed for sale at $737,000. It has been on the market for 148 days. Compare it against other retail listings for sale in Muskogee, OK — <a href="/search/sale/retail/oklahoma/muskogee">view the full market</a>.

Unified Estimate

Low Confidence

$73.10/SF – $98.90/SF

Mid: $86.00/SF

Rate estimator only; cost-of-business estimate unavailable.

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