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Single-Tenant NNN Property
For Sale
$1,950,000

1057 Sheridan Ave, Cody, WY 82414

Commercial Sale, Cody, WY

Property SizeContact for details
Lot Size0.32 Acres
Days on Market579

Property Features for 1057 Sheridan Ave

General Information

Property type Commercial Sale
Property subtype Other
Exterior features Adj to Public Land, Courtyard, Landscaping, Natural Gas to Property, Sprinklers, Lighting - Exterior
Subdivision Original Town of Cody
Standard status Active
Lot size 0.32 Acres

Taxes and HOA fees

Tax Description O.T. LOTS 21 THRU 24 BLOCK 52 (CODY LIBRARY)
Legal Description O.T. LOTS 21 THRU 24 BLOCK 52 (CODY LIBRARY)

Building Details

Year built 1965
Listing Agency: REMAX Elevation
Listed By: Brenton Hayden · License #RE-16878
Added: Jan 18, 2025 Changed: Aug 20 Last Checked: Aug 20 at 8:06PM
MLS# 10030843

Copyright © 2026 Northwest Wyoming Board of Realtors. 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.

This single-tenant commercial property at 1057 Sheridan Avenue is fully leased under a Triple Net structure. The occupant, Millstone Pizza Company, operates a full-service restaurant, brewery, and sports bar from the site. The lease structure places substantially all operating expenses, including taxes, insurance, maintenance, repairs, and utilities, with the tenant.

Built in 1965, the property occupies 0.32 acres in downtown Cody. Exterior improvements include a courtyard, landscaping, exterior lighting, sprinklers, and natural gas service to the property. The investment reports a 7.65% capitalization rate and current Net Operating Income of $149,250.

Key Highlights

  • Fully leased single‑tenant NNN property at 1057 Sheridan Avenue
  • 7.65% capitalization rate with current Net Operating Income of $149,250
  • Millstone Pizza Company operates a restaurant, brewery, and sports bar

Property Analytics

Current Use

Millstone Pizza Company ... Restaurant Millstone Pizza and Brewing ... Restaurant

Suggested Use

Top Pick Parking Lot & Garage Garden Center (Bike/Boat/Book/etc) Store Veterinary Clinic Grocery & Convenience Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,099
Businesses Nearby

Demographics for 82414, WY

16,087
Population
8,337
Households
1.9
Avg Household Size
48
Median Age
39%
College-Educated
97%
High-School Grad
2,706.9 sq mi
ZIP Area
6
Density / Sq Mi
$74,069
Median Household Income
$36,608
Median Earnings
$1,036
Median Rent
$421,100
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Fully leased commercial asset with a restaurant, brewery, and sports bar operation in downtown Cody.
Where is this nnn property located?
The property is located at 1057 Sheridan Ave Cody, WY.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Fully leased single‑tenant NNN property at 1057 Sheridan Avenue; 7.65% capitalization rate with current Net Operating Income of $149,250; Millstone Pizza Company operates a restaurant, brewery, and sports bar
More about this property
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