Casper Wyoming Commercial Portfolio
4 Properties Offered at $11,753,504 in Casper, WY
INVESTMENT HIGHLIGHTS
- 100% leased to 16 tenants
- Future development potential
- Prime medical location
EXECUTIVE SUMMARY
Luker Realty is pleased to offer a premiere commercial property portfolio leased to diverse group of 16 tenants with future development site in Casper, Wyoming. 1026 E. 2nd is 15,813 ft.² on .76 acres 100% NNN leased to Banner Health, a AAA credit health system. 136 S. McKinley is 7,500 ft.² on .64 acres 100% modified gross leased to EVI, a EndoVascular instrument company. 940 E. 3rd is known as the Casper Clinic and is 32,489 ft.² on 1.55 acres 100% gross leased to 14 tenants. 804 E. 3rd is a .37 acre Development Opportunity on the corner of E. 3rd and S. Lincoln abutting the Casper Clinic parking lot.
Acquisition valuation of $11,753,481 relates to a 6% capitalization rate for 1026 E. 2nd, a 7% capitalization rate for 136 S. McKinley, an 8% capitalization rate for 940 E. 3rd, and $15 per ft.² for the developable 16,000 ft.² site. Major capital improvements from landlord and tenants have improved 100% of square footage over the last 6 years. Interested parties can receive further due diligence materials and submit offers to Chris Bradfield, a minority owner and agent for Sugar Dog, LLC, and broker of Luker Realty, LLC at:
254 N. Center Casper, WY 82601 | chris@lukerrealty.com | 307-215-9898
Acquisition valuation of $11,753,481 relates to a 6% capitalization rate for 1026 E. 2nd, a 7% capitalization rate for 136 S. McKinley, an 8% capitalization rate for 940 E. 3rd, and $15 per ft.² for the developable 16,000 ft.² site. Major capital improvements from landlord and tenants have improved 100% of square footage over the last 6 years. Interested parties can receive further due diligence materials and submit offers to Chris Bradfield, a minority owner and agent for Sugar Dog, LLC, and broker of Luker Realty, LLC at:
254 N. Center Casper, WY 82601 | chris@lukerrealty.com | 307-215-9898
DATA ROOM Click Here to Access
TAXES & OPERATING EXPENSES (ACTUAL - 2024) |
ANNUAL |
|---|---|
| Gross Rental Income |
$1,074,398
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$1,074,398
|
| Taxes |
-
|
| Operating Expenses |
-
|
| Total Expenses |
$289,545
|
| Net Operating Income |
$784,853
|
PROPERTY FACTS
| Price | $11,753,504 |
| Price / SF | $209.36 / SF |
| Cap Rate | 6.68% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 56,140 SF |
| Total Land Area | 16,003.48 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 136 S McKinley St, Casper, WY 82601 | Flex | 7,500 SF | 2014 | - |
|
804 E 3rd
804 3rd St, Casper, WY 82601 |
Land | 16,000.00 AC | - | - |
|
The Casper Clinic
940 E 3rd St, Casper, WY 82601 |
Office | 32,940 SF | 1966 | - |
| 1026 E 2nd St, Casper, WY 82601 | Office | 15,700 SF | 1979 | - |
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