Prairie Field Services
Prairie Field Services | STNL Lease Industrial | 23,400 SF on 6.51 Acres
Marketing description
We are pleased to present a single-tenant net leased investment opportunity in Casper, Wyoming. This property is occupied by Prairie Field Services (https://www.prairiecompanies.com/) and located at 3019 Salt Creek Highway. Prairie Field Services is a growing leader in oil field logistics and transportation industry. Prairie Companies operates 24 hours a day, 365 days a year in some of America’s most important and productive energy-producing regions of Wyoming’s Powder River Basin and the southwest region’s Delaware Basin. The site consists of a ±23,400 square foot high quality industrial building on ±283,575 square foot parcel of land. Prairie Field Services has operated at this location for approximately 9 years since the property was constructed in 2017. There are currently approximately three (3) years remaining on the lease. The lease features 2% 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
ESTABLISHED AND RESILIENT ENERGY LOGISTICS OPERATOR
Prairie Field Services is a growing operator within the oilfield logistics and transportation sector, supporting critical infrastructure across major domestic energy basins. The tenant’s operations serve essential production activities, positioning the asset within a resilient industrial segment tied to long-term U.S. energy demand.
24/7 OPERATIONS IN CORE U.S. ENERGY BASINS
Prairie Field Services operates 24 hours a day, 365 days a year in some of the nation’s most important and productive energy-producing regions, including Wyoming’s Powder River Basin and the southwest region Delaware Basin. These established production corridors drive consistent operational demand and reinforce the tenant’s long-term occupancy needs.
DIVERSIFIED SERVICE PLATFORM ENHANCING REVENUE
The company has expanded operations through the launch of a dedicated water hauling division, enhancing revenue diversification and strengthening operational integration within oilfield logistics services. This expansion supports continued growth and operational scalability.
NNN LEASE STRUCTURE
Tenant operates under a NNN lease structure, making this an easy asset to manage.
CORPORATE LEASE GUARANTY
Lease obligations are backed by a corporate guaranty, enhancing credit support and strengthening income reliability throughout the lease term.
SCHEDULED RENT INCREASES
Contractual 2% annual rent escalations provide steady income growth and a hedge against inflation, supporting long-term value preservation and improving yield performance over time.
STRATEGIC LOCATION
Situated adjacent to Interstate 25, the property offers strong visibility and convenient regional access, supporting efficient logistics operations while benefiting from traffic exposure along a primary transportation corridor.
NO STATE PERSONAL INCOME TAX
Wyoming imposes no state personal income tax and offers a business-friendly tax environment.
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