1502 PROGRESS CT Wheatland WY 82201-9220

Excellent location for your business! Located just off the newly renovated 16th Street, the prime commercial location in Wheatland.​ Progress Subdivision, Lot 8 is 25,183 SF.​ Zoned general business.​

For sale: a 5,843 sq. ft. commercial property at 1502 Progress Ct, Wheatland, Wyoming, delivering a strong 10% cap rate. This single-story building has been occupied by the USDA, a highly credit-worthy tenant, since 2005, ensuring consistent cash flow for over two decade. The USDA tenant serves the Southeast Wyoming region, providing critical support to Wyoming ranches in areas like food, agriculture, natural resources, rural development, and nutrition—supporting farmers, ensuring food safety, and promoting agricultural trade.

Lease renewal in progress and will be for higher rate.

This well-maintained property features 13 distinct areas and a versatile layout designed for efficiency. Oak finishes throughout and a functional kitchenette with modern appliances and oak cabinetry add practical value. Ample storage keeps operations streamlined, while updated restroom facilities enhance functionality for the tenant’s staff and visitors.

Strategically located in Wheatland, this property offers excellent visibility and accessibility, supporting the USDA’s long-term presence. The generous square footage and thoughtful design have proven ideal for the tenant’s needs, contributing to its stability and low vacancy risk.

With a reliable federal tenant in place and a robust 10% cap rate, this property is a cash-flowing asset ready for investment. Its condition reflects consistent upkeep, making it a low-maintenance opportunity in a stable market. Secure your stake in this income-generating property today.

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1. Strong Cash Flow: Delivers an ~10% cap rate, offering robust returns on investment.

2. Highly Credit-Worthy Tenant: Occupied by the USDA since 2005, ensuring consistent income for over 20 years.

3. Long-Term Stability: USDA serves Southeast Wyoming’s ranches, supporting food, agriculture, and rural development—critical, recession-resistant operations.

4. Well-Maintained Asset: Single-story building with consistent upkeep, minimizing future maintenance costs.

5. Versatile Layout: 5,843 sq ft with 13 distinct areas, designed for efficiency and tenant functionality.

6. Quality Finishes: Oak finishes throughout, plus a modern kitchenette with oak cabinetry and updated appliances.

7. Practical Amenities: Ample storage and updated restrooms enhance usability for staff and visitors.

8. Prime Location: Strategically positioned in Wheatland, WY, with excellent visibility and accessibility.

9. Low Vacancy Risk: Generous space and thoughtful design meet USDA’s long-term needs, reducing turnover.