401 E Clark St - Freestanding FOR SALE


Lyman, WY 82937
$2,651,000 USD
415-852-5177
401 E Clark St, Lyman, WY for Sale
$2,651,000 USD
Freestanding - FOR SALE
1/8
null | 6.25% Cap Rate

401 E Clark St
Lyman, WY 82937


HIGHLIGHTS

  • New 15-year absolute NNN lease to Dollar General, a major national tenant with over 20,000 locations nationwide.
  • Dollar General plans significant expansion in 2025, including opening 575 new stores in the U.S. and up to 15 in Mexico.
  • The company will remodel 4,250 existing stores in 2025, with 2,000 full remodels and 2,250 under the “Project Elevate” initiative
  • Dollar General’s same-store sales saw a 1.4% increase in 2024, with customer traffic and average transaction amounts contributing to the growth.
  • Lease is guaranteed by Dollar General Corporation, with over $40 billion in 2024 revenue, a very strong corporate guarantee.
  • 5% rental increases every five (5) years in initial term and option periods, ensuring consistent income growth

OVERVIEW

This property offers a high-visibility, easily accessible location along East Clark Street, Lyman’s primary east-west thoroughfare, capturing both local and commuter traffic. Its strategic position also benefits from Lyman’s role as a gateway for tourists exploring nearby attractions such as Kings Peak, Rock Springs, and Salt Lake City, among others. With limited competition, it stands as the only Dollar General in Lyman, ensuring a strong and loyal customer base. The lease is guaranteed by Dollar General Corporation, a retail powerhouse generating over $40 billion in revenue in 2024. The brand’s national presence, combined with its proven retail model, provides stability and long-term income security for the property. Built in 2025 to Dollar General’s latest prototype, the new 10,566-SF building accommodates an expanded selection of convenience store-type items, appealing to both residents and visitors. Market projections show income growth within a 1-, 3-, and 5-mile radius over the next five years, positioning both the store and the Lyman market for steady, sustained growth.

FOR SALE DETAILS

PRICE

$2,651,000 USD

PRICE/SF

$251 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

1.99 AC

LAND SF

86,684 SF

ZONING

-

APN/PARCEL ID

16142940000200

ASK ABOUT THIS PROPERTY

Michael YurasCushman & WakefieldMore Info
415-852-5177

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

Michael YurasCushman & WakefieldMore Info
415-852-5177

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