426 S 6th St - Retail FOR SALE
Thermopolis, WY 82443 |
$311,040 USD
426 S 6th St
Thermopolis, WY 82443
HIGHLIGHTS
- Passive NN+ lease — landlord responsible only for roof, structure, and foundation.
- Annual rents significantly below replacement costs, keeping O'Reilly's margins high.
- Location operated as auto parts store for over 50 years; previously Napa Auto Parts.
- O'Reilly extended lease 10 years in October 2022, demonstrating high commitment.
- 8% rent increases in options 1 & 2; 12% increase in 3rd option period.
- O'Reilly is the only national brand auto parts retailer in Hot Springs County.
FOR SALE DETAILS
PRICE
$311,040 USD
PRICE/SF
$73 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
426 S 6th Street
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1973
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.29 AC
LAND SF
12,632 SF
ZONING
-
APN/PARCEL ID
2413
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