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    Shopping Center Property Title is generated by Realmo AI

    4620 GRANDVIEW AVE, Cheyenne, WY 82009

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    For Sale
    $5,685,000

    For sale shopping center offering a versatile commercial footprint for retail, healthcare, or daycare-oriented tenants.

    Type:Commercial / Industrial
    Property size:
    31,047 SF
    Price / SF:
    $183/SF
    Added:
    Jul 3, 2026
    Days on Market:
    4
    Last Refresh:
    Jul 4 at 2:36 am

    Property Features for 4620 GRANDVIEW AVE

    General Information

    Standard status
    Active
    Size
    31,047 SF
    Property subtype
    Commercial / Industrial

    Building Details

    Year Built
    1985

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    Corey Rang

    Listing office

    Listing date Jul 3, 2026

    Source Sellcheyenne.idxbroker

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Corey Rang

    HighLights

    • Shopping center offering a 31,047 SF commercial footprint
    • Built in 1985

    Overview

    This for-sale shopping center property totals 31,047 square feet and is categorized to support multiple commercial uses, including retail spaces, medical centers, healthcare properties, and day care centers. The offering is presented as a dedicated property asset rather than a small inline storefront, providing a meaningful footprint for an owner-operator or an incoming tenant requiring more space.

    The property is located at 4620 Grandview Ave in Cheyenne, Wyoming. Additional details about the site, unit configuration, and improvements were not included in the provided information, so prospective parties should confirm layout specifics and any operational history during their due diligence.

    From a tenant and buyer perspective, the cross-category positioning can align with a range of service-oriented and community-facing concepts, such as clinics, therapy or specialty healthcare users, or day care operations alongside retail needs. Interested parties are encouraged to review the property’s actual space plan and zoning/permit constraints with local authorities to confirm which uses are permitted and to ensure the layout can support their operating model.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $577.5k $18.60
    − Vacancy −$68.7k −$2.21
    EGI $508.8k $16.39
    − OpEx −$152.6k −$4.92
    NOI $356.1k $11.47
    31,047 SF · lease $18.60/SF/yr · vacancy 11.90% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $5.09M
    $4.45M – $5.94M (±1% cap)
    NOI $356,128 @ 7.0% cap · market cap 6.26%
    Second Best
    Healthcare Medical
    $3.83M
    $3.35M – $4.47M (±1% cap)
    NOI $268,246 @ 7.0% cap · market cap 4.72%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Hard Money Lenders ... Loan Service Wyoming Cosmetic & Family ... Dental Office OneMain Financial Loan Service Financial Wize Home ... Nursing Home Little Beans Playhouse ... Daycare Center

    Suggested Use

    Law Firm Hotel & Motel Building Supply HVAC Service Food Market Accounting Firm Garden Center Grocery & Convenience Store Real Estate Agency Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Frontier Square — 1740 Dell Range Blvd, Cheyenne, WY 82009
    • Aspen Ridge Plaza — 2232 Dell Range Blvd, Cheyenne, WY 82009
    • Destination Taiwan — 2634 Dell Range Blvd UNIT A, Cheyenne, WY 82009

    Location Insight

    • Map
    • Local Demand
    City
    Cheyenne
    County
    Laramie
    State
    Wyoming
    Longitude
    -104.7896754
    Latitude
    41.1610559

    FAQs

    What type of property is this?
    Shopping center - For sale shopping center offering a versatile commercial footprint for retail, healthcare, or daycare-oriented tenants.
    Where is this shopping center located?
    The property is located at 4620 GRANDVIEW AVE Cheyenne, WY.
    What is the asking price?
    The asking price for this property is $5,685,000.
    What are key features of this property?
    This property features: Shopping center offering a 31,047 SF commercial footprint; Built in 1985
    More about this property
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