1140 E Brundage Ln - Freestanding FOR SALE


Sheridan, WY 82801
$7,355,267 USD
513-300-0763
1140 E Brundage Ln, Sheridan, WY for Sale
$7,355,267 USD
Freestanding - FOR SALE
1/7
null | 5.6% Cap Rate

1140 E Brundage Ln
Sheridan, WY 82801


HIGHLIGHTS

  • Long Term Corporate Lease
  • Fixed Rent Increases
  • Strategic Retail Location
  • Strong Demographics and Traffic Counts

OVERVIEW

We are pleased to present the exclusive opportunity to purchase a Tractor Supply Company investment property located at 1140 E Brundage Lane in Sheridan, Wyoming (the “Property”). The build to suit, single-tenant, net-leased Tractor Supply Company contains 19,097 square feet on a 2.98-acre parcel with an additional exterior fenced-in display area of 15,000 square feet. Tractor Supply Company just extended their lease term demonstrating their commitment to the site and the market and they have 14+ years remaining on a long-term double-net lease with four (4), 5-year renewal options. The Property is well located along E Brundage Lane (I-90 BUS), the area’s primary commercial and commuter corridor. Tractor Supply Company has outstanding visibility and frontage and is seconds from Interstate 90 and US Routes 14 and 87 in Sheridan’s growing trade area. The Property is within 0.5 miles of Walmart Supercenter and Albertsons, the area’s two primary grocery stores. The area is home to numerous national retailers and restaurants that drive traffic to the area, as well as residential neighborhoods that provide a built-in customer base. Sheridan, Wyoming, is a picturesque city nestled at the foot of the Bighorn Mountains and serves as a regional hub for healthcare and education, with facilities like Sheridan Memorial Hospital and Sheridan College providing vital services and opportunities for the surrounding communities.

FOR SALE DETAILS

PRICE

$7,355,267 USD

PRICE/SF

$385 USD /SF

CAP RATE

5.6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tractor Supply Company

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

110

LAND DETAILS

LAND ACRES

2.98 AC

LAND SF

129,809 SF

ZONING

C

APN/PARCEL ID

03-5584-02-1-09-001-25

ASK ABOUT THIS PROPERTY

Brian BrockmanBang RealtyMore Info
513-300-0763

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Brian BrockmanBang RealtyMore Info
513-300-0763

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