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Alta: Rock Springs, WY (Foothill Blvd) 2496 Foothill Blvd 4,552 SF Retail Building Rock Springs, WY 82901 $2,222,222 ($488.19/SF) 6.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Absolute NNN lease features ±15.5 years remaining and zero landlord obligations as Tenant is solely responsible for taxes, insurance and maintenance.
- Operating history of over 40 years.
- 7.5% rent increases in 2031, 2036 and in each of the four 5-year renewal options.
EXECUTIVE SUMMARY
CBRE is pleased to exclusively offer for sale the 4,552-square-foot Alta convenience store and gas station situated on 0.80 acres in Rock Springs, WY. Alta’s absolute NNN lease features ±15.5 years remaining and zero landlord obligations as Tenant is solely responsible for taxes, insurance and maintenance.
Business is not for sale.
Business is not for sale.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
4,552 SF
Building Class
C
Year Built
1985
Price
$2,222,222
Price Per SF
$488.19
Cap Rate
6.75%
NOI
$150,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.80 AC
Frontage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 04-1905-33-4-00-012.00 | Improvements Assessment | $34,358 |
| Land Assessment | $14,117 | Total Assessment | $48,475 |
PROPERTY TAXES
Parcel Number
04-1905-33-4-00-012.00
Land Assessment
$14,117
Improvements Assessment
$34,358
Total Assessment
$48,475
CONTACTS
-
Christopher Bosworth -
Thomas Carr -
Ty Grenier -
Brian Pfohl -
Steve Stoecker -
Leah Lindell -
Kaitlyn Wolf -
CBRE, Inc.
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Alta: Rock Springs, WY (Foothill Blvd) | 2496 Foothill Blvd
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