2628 Dell Range Blvd - Service Station FOR SALE


Cheyenne, WY 82009
$2,802,927 USD
512-433-6999
2628 Dell Range Blvd, Cheyenne, WY for Sale
$2,802,927 USD
Service Station - FOR SALE
1/4
null | 6.15% Cap Rate

2628 Dell Range Blvd
Cheyenne, WY 82009


HIGHLIGHTS

  • Long-Term Income Stability: Features a 20-year initial term with four 5-year renewal options extending up to a potential 40-year total lease duration.
  • Zero Landlord Responsibilities: the tenant is responsible for all taxes, insurance, utilities, and maintenance, including roof and structure
  • Strong Guaranty Structure: Backed by a full, unconditional, joint-and-several guaranty
  • Features 2% annual rent increases throughout the initial term

OVERVIEW

TREK Investment Group is pleased to offer for sale Take 5 Oil Change in Cheyenne, WY. This 2023 constructed property is secured by a 20-year Absolute NNN lease featuring 2% annual rent increases throughout the initial term as well as each of the four 5-year renewal options, providing long-term income growth and stability backed by a strong national automotive service brand. The investment offers truly passive ownership with zero landlord responsibilities, as the tenant is responsible for all taxes, insurance, utilities, and maintenance, including roof and structure. Strategically located along Dell Range Blvd, one of Cheyenne's primary commercial corridors with traffic counts of +/- 18,300 VPD, the site benefits from high traffic exposure, proximity to national retail anchors including Menards, Chick-fil-A, and Starbucks, and dense surrounding residential neighborhoods.

FOR SALE DETAILS

PRICE

$2,802,927 USD

PRICE/SF

$1,639 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Auto Repair, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,430 SF

ZONING

MUB

APN/PARCEL ID

1-6955-0001-0001-0

ASK ABOUT THIS PROPERTY

Parker CarrollTREK Investment GroupMore Info
512-433-6999

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

Parker CarrollTREK Investment GroupMore Info
512-433-6999

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