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1120 2nd St 10,500 SF Retail Building Upton, WY 82730 $1,668,405 ($158.90/SF) 8.15% Cap Rate

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Investment Highlights

  • 10+ year construction warranty
  • 7.95% Cap Rate
  • Dollar Tree, inc. as guarantor

Executive Summary

NN+ Lease, limited landlord responsibilities, with +/- 9 Years remaining on Lease.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
10,500 SF
Building Class
B
Year Built
2024
Price
$1,668,405
Price Per SF
$158.90
Cap Rate
8.15%
NOI
$135,975
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
2.00 AC
Zoning
C - general commercial
Parking
48 Spaces (2.86 Spaces per 1,000 SF Leased)
Frontage
309’ on 2nd Street

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • -
  • -
  • -

Family Dollar is a national discount retail chain headquartered in Chesapeake, Virginia, operating as a subsidiary of Dollar Tree since 2015. The company provides affordable everyday merchandise including household goods, groceries, cleaning supplies, apparel, health and beauty products, and seasonal items. Originally founded in 1959 in Charlotte, North Carolina, Family Dollar expanded rapidly through the Southeast and later nationwide. After its acquisition by Dollar Tree, the corporate headquarters transitioned to Chesapeake, though Family Dollar continues to maintain major operations and a distribution presence in Matthews and Charlotte, North Carolina. The Chesapeake headquarters supports executive leadership, merchandising, supply chain, operations, and administrative functions for thousands of Family Dollar stores across the United States. The brand focuses on neighborhood convenience, operating small-format stores that emphasize essential products at low prices.

Tenant Industry SF Occupied Rent/SF Lease End
Retailer - - -

Property Taxes

Property Taxes

Parcel Number
48-65-35-4-30-00400
Land Assessment
$4,988
Improvements Assessment
$81,548
Total Assessment
$86,536
  • Listing ID: 35173958

  • Date on Market: 3/18/2025

  • Last Updated:

  • Address: 1120 2nd St, Upton, WY 82730

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