Description

3560 E Evergreen Street is a Sherwin-Williams retail investment at 3560 East Evergreen Street in Springfield, MO 65803. The 15,120 SF property is purpose-built for the tenant’s Floorcovering Store concept, pairing a customer-facing flooring showroom with warehouse and distribution capabilities.

Built in 2026 on 1.78 acres, the property supports a larger-format operation than a conventional paint store. Its showroom gives Sherwin-Williams space to present flooring products and services, while the warehouse and distribution component supports the same operation behind the sales floor. The site includes 18 parking spaces. For a buyer, the build-to-suit design ties the real estate to a defined tenant format rather than a generic retail layout.

The property sits on East Evergreen Street near Interstate 44 and Schoolcraft Freeway / US 65. Interstate 44 carries 53,578 vehicles per day, and Schoolcraft Freeway / US 65 carries 26,849 vehicles per day, placing the location near routes serving both customers and distribution activity. Downtown Springfield is 7.1 miles away. Nearby retailers include Menards and Costco Wholesale, giving buyers a sense of the property’s commercial setting without relying on the building’s storefront alone.

Offered at $3,654,000, the investment has $219,240 in NOI and a 6% cap rate. The Sherwin-Williams Company signed a 10-year corporate NNN lease with 10% rent increases every 5 years, aligning the income schedule with a tenant-built operating format. Sherwin-Williams holds an S&P BBB credit rating. The combination of corporate tenancy, scheduled increases and a specialized store format defines the ownership proposition. Review the Offering Memorandum for the transaction.