1252 Commerce Dr - Laramie
Industrial | 7.03% CAP | 22,000 SqFt
Marketing description
The Kramer Group of Marcus & Millichap is pleased to present the Single Tenant Net-Lease Flex/Office investment opportunity located at 1252 Commerce Drive in Laramie, Wyoming. This versatile commercial property is currently occupied by Trihydro, a well-established national environmental and engineering firm. The property was originally built by principals of the tenant for their long-term home headquarters. The tenant has a long-established history in Laramie and recruits heavily from the University of Wyoming, located less than 10 minutes away. Trihydro is a 40+ year old company that now boasts more than 600 employees nationwide, with over 150 located at the subject property. The tenant has expressed a desire to avoid relocating and has the ability to expand and with its growth at the current location, highlighting the property’s ideal suitability for the tenant’s operational needs. The multi-use property includes both 22,000 square feet of office space and 900 square feet of warehouse space. The open floor plan is a perfect suit for their layout, with large cubicle areas, modular office/conference room facilities and executive offices. Additionally, the facility includes several operational upgrades including a ground-mounted transformer, a Generac emergency generator, a photovoltaic solar system to offset approximately 15-20% of their energy consumption, and a grade-level drive-in door that provides direct access to the warehouse. The property also sits in the Laramie River Business Park, home to several high-tech and growing businesses.
Considering the tenant’s operational demands tied closely to the site, and relocation requiring significant capital expenditure and time, the property offers exceptional security of income. As a result, the asset represents an ideal blend of income stability, tenant commitment, and value creation for an investor.
Investment highlights
Strong Long-Term Tenancy with Established Engineering Firm
22,000 SF of Office Space and 900 SF of Warehouse Space
Mission-Critical Infrastructure Including Generator and Photovoltaic System
Tenant Expansion Plans Emphasize Commitment and Income Stability
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?













