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Take 5 Oil Change 404 Greeley Hwy 1,738 SF Retail Building Cheyenne, WY 82007 $2,558,702 ($1,472.21/SF) 6% Cap Rate
Investment Highlights
- Features 2% annual rent increases throughout the initial term and four, 5-year renewal options
- Situated on South Greeley Highway, a primary commercial artery in Cheyenne, surrounded by national retail anchors and dense residential neighborhoods
- Zero Landlord Responsibilities: the tenant is responsible for all taxes, insurance, utilities, and maintenance, including roof and structure
- Reciprocal Easement Agreement (REA): Benefits from non-exclusive perpetual easements for access and maintenance with adjacent parcels
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
1,738 SF
Year Built
2025
Price
$2,558,702
Price Per SF
$1,472.21
Cap Rate
6%
NOI
$153,522
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.75 AC
Opportunity Zone
Yes
Nearby Major Retailers
Property Taxes
| Parcel Number | 1-1090-0001-0002-0 | Improvements Assessment | $0 |
| Land Assessment | $17,337 | Total Assessment | $17,337 |
Property Taxes
Parcel Number
1-1090-0001-0002-0
Land Assessment
$17,337
Improvements Assessment
$0
Total Assessment
$17,337
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Take 5 Oil Change | 404 Greeley Hwy
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