1900 Converse Ave - Freestanding FOR SALE


Cheyenne, WY 82001
$1,999,900 USD
307-221-1502
1900 Converse Ave, Cheyenne, WY for Sale
$1,999,900 USD
Freestanding - FOR SALE
1/14
null | Request Cap Rate

1900 Converse Ave
Cheyenne, WY 82001


OVERVIEW

Introducing an exceptional investment opportunity at 1900 Converse Ave in Cheyenne, Wyoming! This prime commercial property boasts over 7,200 square feet of well-maintained space and is strategically located with high visibility near the VA Hospital, attracting over 17,000 vehicles daily. The building currently houses two long-term tenants generating a robust annual rental income exceeding $144K under NNN leases. One tenant is secured with a 5-year lease while the other enjoys a longer commitment of 10 years— providing stability and peace of mind for any investor. Key features include: - A large parking lot accommodating over 37 vehicles - Major electrical power service infrastructure to support diverse business needs - A new rooftop unit ensuring efficient climate control. This listing presents a unique chance to acquire a substantial commercial asset with established tenants already in place. The building is offered for sale as-is, providing an excellent foundation for future growth in a desirable location. Don’t miss out on this remarkable investment opportunity!

FOR SALE DETAILS

PRICE

$1,999,900 USD

PRICE/SF

$276 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

40,907 SF

ZONING

COMM BUSN

APN/PARCEL ID

1-7888-0001-0001-2

ASK ABOUT THIS PROPERTY

Buck Wilson#1 PropertiesMore Info
307-221-1502

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Buck Wilson#1 PropertiesMore Info
307-221-1502

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