940 E 3rd St - Medical FOR SALE


Casper, WY 82601
$4,300,000 USD
307-215-9898
940 E 3rd St, Casper, WY for Sale
$4,300,000 USD
Medical - FOR SALE
1/48
null | 7.36% Cap Rate

940 E 3rd St
Casper, WY 82601


HIGHLIGHTS

  • Stable healthcare tenant base
  • Central location
  • Future expansion

OVERVIEW

Luker Realty is pleased to offer for sale the Casper Clinic. A rare chance to acquire a fully remodeled, 100% leased, strategically located healthcare asset in the heart of central Wyoming’s medical corridor. Location & Visibility – Commanding a high-profile corner at South McKinley St. and East 3rd St. totaling 1.54 acres, the property sits one block from Banner Wyoming Medical Center—the state’s largest hospital and a regional trauma and referral hub serving 11 counties and over 250,000 residents. Building & Zoning – Zoned C-2 (City of Casper), the 32,489 RSF facility comprises 14 suites, common areas showcase exposed wood ceilings, a central plaza, and an ADA compliant design with a 32% load factor. Diverse Tenant Mix – Stable income from a laboratory, pediatrics, family practice, aesthetic spa, dermatology, massage school, psychological services, among others creates resilient, healthcare-driven cash flow. Parking & Expansion – 39 on-site spaces plus 78 additional across South Jefferson St. deliver a 5 per 1,000 USF ratio, while western parcels add upside for future development potential. Offering Highlights – Purpose-built medical office available at $4,300,000 ($132 per ft.²) with a 7.4 % cap rate.

FOR SALE DETAILS

PRICE

$4,300,000 USD

PRICE/SF

$131 USD /SF

CAP RATE

7.36%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Casper Clinic

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

169

LAND DETAILS

LAND ACRES

1.54 AC

LAND SF

67,082 SF

ZONING

Commercial

APN/PARCEL ID

33-79-10-2-1-000500,33-79-10-2-1-000700,33-79-10-2-1-000800,33-79-10-2-1-000900,33-79-10-2-1-001000,33-79-10-2-1-001100,33-79-10-2-1-100500

ASK ABOUT THIS PROPERTY

Chris BradfieldLuker RealtyMore Info
307-215-9898

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Chris BradfieldLuker RealtyMore Info
307-215-9898

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