NNN Office
For Sale
$3,800,000
Pending
245 STOREY BLVD, Cheyenne, WY 82009
Commercial/Industrial, Cheyenne, WY
Property Size9,636 SF
Lot Size0.69 Acres
Days on Market452
Property Features for 245 STOREY BLVD
General Information
Property type
Commercial Sale
Property subtype
Other
Appliances
Building, Land
Subdivision
LARAMIE
Standard status
Pending
Size
9,636 SF
Lot size
0.69 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
See Addendum
Legal Description
See Addendum
Amenities
conference rooms
training center
break room
climate controlled IT room
reception area
storage room
Building Details
Year built
2017
Building materials
Frame
Roof type
Composition
Listing Agency:
#1 Properties
(307) 634-2222
Listed By:
Jim Weaver · License #10624
(307) 630-5161
Added: Jun 4, 2025
Changed: Aug 19
Last Checked: Aug 29 at 3:06AM
MLS# 97406
Copyright © 2026 Cheyenne MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 2017, this 9,636-square-foot office property is configured for professional operations with 20 offices, 6 conference rooms, and a 700-square-foot training center. Additional improvements include a large break room, climate-controlled IT room, 750-square-foot reception area, and 275-square-foot storage room. The building is frame construction with a composition roof and includes a passenger elevator.
The property occupies 0.69 acres in Cheyenne, Wyoming, with shared parking and full ADA compliance. The lease is structured as absolute NNN, with 4 years remaining on a 5-year extension following the original 7-year lease term. The lease carries a 5.4% cap rate and a corporate guarantee from First American Title Insurance Company.
The property occupies 0.69 acres in Cheyenne, Wyoming, with shared parking and full ADA compliance. The lease is structured as absolute NNN, with 4 years remaining on a 5-year extension following the original 7-year lease term. The lease carries a 5.4% cap rate and a corporate guarantee from First American Title Insurance Company.
Key Highlights
- Absolute NNN lease with 4 years remaining on a 5‑year extension of an original 7‑year lease
- 9,636‑square‑foot office building on 0.69 acres
- 20 professional offices and 6 conference rooms
Property Analytics
Property Profile
Current Use
Lease Details
20
Office units
Location Intelligence
Trade Area within ½ mile
787
Businesses Nearby
Explore this area
Business Placement
Demographics for 82009, WY
35,700
Population
15,361
Households
2.3
Avg Household Size
44
Median Age
41%
College-Educated
96%
High-School Grad
1,277.8 sq mi
ZIP Area
28
Density / Sq Mi
$102,727
Median Household Income
$57,157
Median Earnings
$1,106
Median Rent
$415,000
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Absolute NNN lease with a corporate guarantee and remaining extension term.
Where is this nnn property located?
The property is located at 245 STOREY BLVD Cheyenne, WY.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: Absolute NNN lease with 4 years remaining on a 5‑year extension of an original 7‑year lease; 9,636‑square‑foot office building on 0.69 acres; 20 professional offices and 6 conference rooms
