Northmarq is pleased to exclusively offer qualified investors the opportunity to acquire a portfolio of three industrial outdoor storage and service properties located at 1813, 2327, and 1307 Colman Circle in Casper, Wyoming. Available individually or as a portfolio, the properties total 49,250 square feet across 10.39 acres and are leased to Predator Downhole, Integrated Power Services, and Oil Patch Group, three specialized operators supporting energy and industrial-service customers.
The properties provide highly functional industrial improvements designed for equipment-intensive operations, including industrial outdoor storage and laydown areas, three-phase power, 20- to 26-foot clear heights, 15 total drive-in doors, deep truck courts, and bridge cranes with capacities ranging from 5 to 20 tons. The assets feature net lease expense structures with minimal landlord responsibilities. Contractual 3% annual rent increases at the 1813 and 2327 Colman Circle properties provide built-in income growth, while below-market rents across the portfolio create additional opportunities for rental rate growth through scheduled option rents or future mark-to-market adjustments.
Melissa McKenzie - WY Lic #RE-15569