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1401 Dell Range Blvd
Cheyenne, WY 82009
Applebee's · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • NNN Lease Structure – There are zero landlord responsibilities or expenses, providing 100% passive income to the landlord
  • Excellent Visibility – The restaurant is positioned off Dell Range Blvd which sees more than ±25,000 vehicles per day
  • National Brand – Applebee’s Grill + Bar, a subsidiary of DineEquity, INC. is one of the largest casual dining restaurant chains in the world
  • Strategic Location – The property is strategically located across from Frontier Mall and is in the main retail corridor of Cheyenne
  • Annual Increases – The lease features 1.5% annual increases providing an investor with a strong hedge against inflation

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
5,993 SF
Building Class
B
Year Built
1992
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.17 AC
Zoning
CB - General Business Zone
Parking
96 Spaces (16.02 Spaces per 1,000 SF Leased)
Frontage
205’ on Dell Range Blvd

AMENITIES

  • Corner Lot
  • Dedicated Turn Lane
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1-5685-0002-0001-0
Land Assessment
$38,209
Improvements Assessment
$52,795
Total Assessment
$91,004
  • Listing ID: 27995810

  • Date on Market: 3/16/2023

  • Last Updated:

  • Address: 1401 Dell Range Blvd, Cheyenne, WY 82009

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