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Retail Investment Opportunity on Dell

1625 Dell Range Blvd Cheyenne, WY 82009

1625 Dell Range Blvd, Cheyenne, WY, 82009

$1,950,000

For Sale

$1,950,000

Established retail businesses on Dell Range Blvd for sale.

Property Size7,760 SF

Price / SF$251.29

AddedMay 20

Days on Market57

Last RefreshMay 25 at 11:38 pm

Property Features for 1625 Dell Range Blvd

General Information

Standard status: Active
Size: 7,760 SF

Listing office #1 Properties

Listing date May 20, 2026

Source Exprealty

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 #1 Properties

Investment Insights

Based on property information with market context.

This commercial property presents an investment opportunity with established businesses that have been operating for over 30 years. The property is located along Dell Range Blvd, which sees over 30,000 average daily traffic. The property has approximately 7,760 square feet of space. The current capitalization rate, based on the asking price, is approximately 6.8%. There are potentially nine years remaining on both absolute triple net leases.

Key Highlights

Established businesses in place for over 30 years.
Approximately 6.8% CAP rate utilizing current asking price.
Potentially nine years left in absolute triple net leases.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$144.3k	$18.60
− Vacancy	−$17.2k	−$2.21
EGI	$127.2k	$16.39
− OpEx	−$38.1k	−$4.92
NOI	$89.0k	$11.47

7,760 SF · lease $18.60/SF/yr · vacancy 11.90% · expense 30.00%

Alternative Uses

Best Use

Retail

$1.27M

$1.11M – $1.48M (±1% cap)

NOI $89,012 @ 7.0% cap · market cap 4.56%

Second Best

—

no second resolved use

Theoretical Best

—

same as Best Use

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

AAMCO Transmissions & Total ... Auto Repair Shop

Suggested Use

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For sale
Strip malls
WY
Cheyenne
82009
1625 Dell Range Blvd

What type of property is this?

Strip mall - Established retail businesses on Dell Range Blvd for sale.

Where is this strip mall located?

The property is located at 1625 Dell Range Blvd Cheyenne, 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: Established businesses in place for over 30 years.; Approximately 6.8% CAP rate utilizing current asking price.; Potentially nine years left in absolute triple net leases.