20255 Eva st - Retail FOR SALE


Montgomery, TX 77356
$3,024,000 USD
847-562-8500
20255 Eva st, Montgomery, TX for Sale
$3,024,000 USD
Retail - FOR SALE
1/3
null | 5.85% Cap Rate

20255 Eva st
Montgomery, TX 77356


HIGHLIGHTS

  • Signi?cant 7% population growth over the next ?ve years (3-mile radius)
  • New construction
  • New 10-year lease with 10% rental escalations every ?ve years
  • Rapidly expanding retail corridor – The Home Depot, Kroger, H-E-B (Future development), CVS, Starbucks, Chick-?l-A, AutoZone, Dutch Bros
  • Affluent community - $157,058 average household income within three miles
  • Over 85,000 people live within a ten-mile radius

OVERVIEW

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 commencing in March 2025, featuring 10% rental escalations every ?ve 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-?l-A, AutoZone, Dutch Bros, Discount Tire, and many others. Surrounded by an affluent community, the property bene?ts from an average household income exceeding $157,000 within a three-mile radius. The broader trade area is experiencing signi?cant growth, with a population of over 85,000 within ten miles and projected 7% population growth over the next ?ve years, positioning the asset for sustained long-term demand. Sherwin-Williams, founded in 1866, is a global leader in the development, manufacturing, and sale of paints, coatings, and related products. Headquartered in Cleveland, Ohio, the company operates more than 4,800 company-owned stores and facilities across North America, with a presence in over 120 countries. Sherwin-Williams serves a diverse customer base, including professional contractors, industrial manufacturers, and DIY homeowners, offering industry-leading brands such as Sherwin-Williams®, Valspar®, Minwax®, and Krylon®. With a strong commitment to innovation and sustainability, the company continues to expand its product offerings and improve performance across residential, commercial, and industrial applications.

FOR SALE DETAILS

PRICE

$3,024,000 USD

PRICE/SF

$667 USD /SF

CAP RATE

5.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sherwin-Williams

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.81 AC

LAND SF

35,284 SF

ZONING

-

APN/PARCEL ID

6959-91-00200

ASK ABOUT THIS PROPERTY

Jimmy GoodmanThe Boulder GroupMore Info
847-562-8500

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Jimmy GoodmanThe Boulder GroupMore Info
847-562-8500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.