• Location: 530 Running W Drive Suite 100, Gillette WY 82718
o Located directly across the street from the Campbell County Rec Center, and very close to 2 high schools, middle schools and elementary schools. It is also surrounded by a retail plaza and other healthcare spaces
• Built-in Advertising
o The office faces Enzi Drive, a main road that goes through the Gillette. Easy to see from the road
• Major Tax Advantages of Wyoming
o Zero state income tax (no corporate income tax, no personal income tax, and no gross receipts tax)
o Abnormally Low property taxes
? Some of the lowest rates in the country (about 0.53%) with a 9.5% Commercial assessment rate
• 3,600 SF
• $1,500,000 price at a 6.4% cap rate
• Tenant is part of SDB (Specialty Dental Brand), a nationally recognized Dental group.
• NOI $96,000 per year / $8,000 per month
• 7 Year NNN Lease with 3% annual increases. LED 12/31/2033 with renewal options until 2039
• The current HOA maintenance makes for a passive ownership structure.