2401 S Greeley Hwy, Cheyenne, WY 82007
sale
$850,000
|
Other
Courtesy Of #1 Properties
Excellent opportunity to acquire a leased commercial investment along the highly visible S. Greeley Highway corridor in Cheyenne. Offered at $850,000, this property includes an approximately 5,250-square-foot commercial building situated on approximately 0.5 acre. The building is currently leased on a NNN basis, providing an attractive 8.03% cap rate based on the asking price. The NNN lease structure provides investors with predictable rental income while shifting many property-level operating expenses to the tenant. The property offers excellent visibility and convenient access along one of south Cheyenne's established commercial corridors. With an existing tenant in place, strong income relative to the asking price, and a manageable commercial footprint, this offering provides an attractive opportunity for investors seeking immediate cash flow without taking on a larger development project. Offered at $850,000. Approximately 5,250 SF building on 0.5 acre NNN leased investment.
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Property Features
- Age: 21-30 Years Old
- Appliance: Building
- Appliance: Fixtures
- Appliance: Land
- Exterior Type: Frame
- MLSID: 102333
- Roof Type: Metal
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