Listed by NAI Business Properties
$2,250,000
Bar Nunn/Casper Warehouse
Details
Property Type Industrial
Sub Type Distribution, Warehouse
Square Footage 20,230
Units 1
Cap Rate 8.68%
NOI $195,250
Occupancy 100%
Tenancy Single
Lease Type NN+
Lease Expiration 03/31/2029
Rent Bumps Yes
Lease Options (2) 3 Year renewal options
Price per SqFt $111
Broker Co-Op Yes
Class B
Year Built 1978
Buildings 1
Acreage 5.880
Investment Type Net Lease
Lease Commencement 04/01/2026
Ground Lease No
Ceiling Height 20
Loading Docks 1
Sale Condition N/A
Investor opportunity in Casper, WY: a 20,230 SF building
Marketing description
Introducing a fully leased prime industrial investment opportunity in the Bar Nunn area of Casper, WY: a 20,230 SF building, 5.88 Acre lot, offering multiple overhead doors, cranes, wash bay, parts area and well appointed office space. With its strategic location and interstate frontage, this property presents a compelling opportunity for an investor seeking an excellent return in the thriving Casper area.
Investment highlights
- Fully Leased w/ Net Lease 8.50% CAP Rate
- 20,230 SF building
- 5.88 Acres
- Prime location in Bar Nunn outside of Casper, WY
- 5-Ton Bridge Crane
- Concrete tilt up construction
- Well-maintained property
Listing Contacts
Listed by NAI Business Properties
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$195,249.85
$16,270.82/mo
Valuation Metrics
0
DSCR
8.68%
Cap Rate
8.68%
ROI
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