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29982135
29994127

3029 Salt Creek Highway, Casper, WY 82601

AG
CA CA 01895830
CIRE Partners
AS
CA 01746250
CIRE Partners
SH
CA 01350803
CIRE Partners
Listed by CIRE Partners
$4,316,647
139 days on market
Updated 23 days ago

Depot Connect International

Details
APN 3479-29-10-2-00200
Property Type Industrial
Sub Type Warehouse
Square Footage 20,930
Cap Rate 7.1%
NOI $306,482
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 10.5
Lease Expiration 04/29/2031
Remaining Term 4.8
Rent Bumps Yes
Lease Options Two (2), 10-Year Options
Price per SqFt $206
Broker Co-Op Yes
Year Built 2017
Acreage 7.920
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 10/31/2020
Ground Lease No

Depot Connect International | STNL Industrial | 20,930 SF on 7.92 Acres

Marketing description

We are pleased to present a single-tenant net leased investment opportunity in Casper, Wyoming. This property is occupied by Depot Connect International (https://depotconnect.com) and located at 3029 Salt Creek Highway. Polar Service Centers is the only nationwide network of parts and service facilities committed to the support, safety, and compliance of the tank trailer and tank truck industry with 71 locations currently and growing. The site consists of a ±20,930 square foot high quality industrial building on ±344,995 square foot parcel of land. Polar Service Centers has operated at this location for approximately 6 years since the property was constructed in 2020. There are currently approximately five (5) years remaining on the lease plus two (2), 10-year options to renew. The lease features 1.5% annual increases which serve as a great hedge against inflation.

This is an excellent opportunity to acquire a newly constructed, high quality industrial building, with strong tenant which serves central Wyoming’s core energy sector. The location is well situated with easy access to Interstate 25 providing access to the Powder River Basin, east and north of Casper where continued oil, gas, and coal development power the nation’s energy independence. HWY 220 is conveniently accessed from the Salt Creek Bypass to serve the Shirley Basin to the south which has Uranium mines and the largest wind farms in the world and Wyoming’s Red Desert oil and gas fields in the southwest. HWY 20-26 provides access to the west where Fremont County has some of the deepest natural gas wells and Sublette County which has the most natural gas reserves in the country.

Investment highlights

LEADING NORTH AMERICAN LIQUID BULK STORAGE & LOGISTICS

Depot Connect International (DCI), is a premier provider of tank container depot, maintenance, repair, and logistics services supporting the chemical, industrial, and energy supply chain sectors. DCI operates mission-critical infrastructure serving essential transportation and storage functions across North America.

NATIONAL PLATFORM SUPPORTING SUPPLY CHAIN INFRASTRUCTURE

Depot Connect International maintains a broad nationwide footprint of strategically located service facilities supporting tank container logistics, positioning the company as a key infrastructure partner within global chemical and liquid bulk transportation networks.

LANDLORD-FRINEDLY LEASE STRUCTURE

The tenant is responsible for property taxes and insurance, reducing ownership expenses and providing a more passive, management-free investment structure.

CORPORATE LEASE GUARANTY ENHANCING INCOME STABILITY

Lease obligations are supported by a corporate guaranty from Depot Connect International, strengthening tenant credit backing and enhancing income reliability throughout the lease term.

SCHEDULED 1.5% ANNUAL RENT INCREASES

Contractual 1.50% annual rent escalations provide predictable income growth while offering a hedge against inflation and long-term NOI expansion.

STRATEGIC LOCATION

Located with direct access to Interstate 25, the property benefits from strong visibility and efficient regional connectivity, supporting transportation-oriented operations and long-term tenant functionality.

NO STATE PERSONAL INCOME TAX

Wyoming imposes no state personal income tax and offers a business-friendly tax environment.

Listing Contacts

AG
CA CA 01895830
CIRE Partners
AS
CA 01746250
CIRE Partners
SH
CA 01350803
CIRE Partners
Listed by CIRE Partners

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$306,482.00
$25,540.17/mo

Valuation Metrics

0
DSCR
7.1%
Cap Rate
7.1%
ROI

Map

Zoning

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LI IndustrialLight IndustrialLight Industrial
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Last updated Jul 2, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Gerard Kelly
License
271600
Brokerage
Continental Real Estate Group, Inc
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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