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MULTI-TENANT | OWNER-USER | 45,152 SF 3281 State Highway 89 N
45,152 SF Industrial Building Evanston, WY 82930 $3,500,000 ($78/SF)
Investment Highlights
- Located in a Federal Opportunity Zone
- 0.5 miles from an Electrical Substation
- 10 Units with Private Offices and Bathrooms
- 1 Hour Drive from Salt Lake City
Executive Summary
Peak Collective Real Estate with KW Commercial is pleased to present an owner-user or investment industrial park in Evanston, WY, which is a remarkable opportunity for those looking to expand their business operations. Fantastic value add opportunity with under-market rents. 9,000 square feet available immediately for owner-user, along with most tenants on a month-to-month basis. Also, tenants are currently not being charged for yard space. Extra buildings could be built on access land. The industrial park comprises 9 separate units with a total of 45,152 square feet on a large 6-AC lot. About 0.5 miles from an electrical substation, and only about an hour's drive from Salt Lake City, UT. Located in a federal opportunity zone.
Market rent proforma is $6/SF/NNN with potential net operating income (based on market lease rates) at $288,924. Seller financing loan amount would be $3,150,000 with a down payment of $350,000. Interest rate 7%. The loan amortization period of 20 years. Payment would be $24,422.
Data Room Click Here to Access
- Operating and Financials
Property Facts
| Price | $3,500,000 | Rentable Building Area | 45,152 SF |
| Price Per SF | $78 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1982 |
| Property Type | Industrial | No. Drive In / Grade-Level Doors | 10 |
| Property Subtype | Warehouse | Opportunity Zone |
Yes
|
| Lot Size | 6.00 AC |
| Price | $3,500,000 |
| Price Per SF | $78 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Lot Size | 6.00 AC |
| Rentable Building Area | 45,152 SF |
| No. Stories | 1 |
| Year Built | 1982 |
| No. Drive In / Grade-Level Doors | 10 |
| Opportunity Zone |
Yes |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
3,000 SF warehouse that offers a versatile space for various business needs. The warehouse comes equipped with a 14ft overhead door as well as private office space and a bathroom. Additional yard space is available as low as .20/SF/YR.
| Space | Size | Space Use | Condition | Available |
| 1st Fl - 5A | 3,000 SF | Industrial | Full Build-Out | Now |
1st Fl - 5A
| Size |
| 3,000 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl - 5A
| Size | 3,000 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | Now |
3,000 SF warehouse that offers a versatile space for various business needs. The warehouse comes equipped with a 14ft overhead door as well as private office space and a bathroom. Additional yard space is available as low as .20/SF/YR.
PROPERTY TAXES
| Parcel Number | R0002628 | Improvements Assessment | $55,994 |
| Land Assessment | $3,320 | Total Assessment | $59,314 |
PROPERTY TAXES
zoning
| Zoning Code | Industrial |
| Industrial |
Presented by
MULTI-TENANT | OWNER-USER | 45,152 SF | 3281 State Highway 89 N
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