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

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
1026 E 2nd St, Casper, WY 82601 Office 15,700 SF 1979 -
The Casper Clinic
940 E 3rd St, Casper, WY 82601
Office 32,940 SF 1966 -
804 E 3rd
804 3rd St, Casper, WY 82601
Land 16,000.00 AC - -
136 S McKinley St, Casper, WY 82601 Flex 7,500 SF 2014 -
Show More > < Show Less
  • Listing ID: 33923042

  • Date on Market: 11/19/2024

  • Last Updated:

  • Address: Casper Wyoming Commercial Portfolio, Casper, WY