1629 Elk St - Service Station FOR SALE


Rock Springs, WY 82901
$687,861 USD
404-441-3849
1629 Elk St, Rock Springs, WY for Sale
$687,861 USD
Service Station - FOR SALE
1/3
null | 6.75% Cap Rate

1629 Elk St
Rock Springs, WY 82901


HIGHLIGHTS

  • Absolute NNN lease features ±15.5 years remaining and zero landlord obligations as Tenant is solely responsible for taxes, insurance and maintenance.
  • 7.5% rent increases in 2031, 2036 and in each of the four 5-year renewal options.
  • Operating history of over 58 years.

OVERVIEW

CBRE is pleased to exclusively offer for sale the 1,896-square-foot Alta convenience store and gas station situated on 0.83 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.

FOR SALE DETAILS

PRICE

$687,861 USD

PRICE/SF

$363 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Alta: Rock Springs, WY (Elk Street)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

36,155 SF

ZONING

-

APN/PARCEL ID

04-1905-23-2-00-043.00

ASK ABOUT THIS PROPERTY

Christopher BosworthCBRE, Inc.More Info
404-441-3849

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Christopher BosworthCBRE, Inc.More Info
404-441-3849

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