1625 DELL RANGE BLVD, Cheyenne, WY 82009

Building Details

Year built

1993

Building materials

Steel

Roof type

Metal

Listing agent Jim Weaver License #10624 Show Phone

Listing office #1 Properties l***@cheyennehomes.com 6106 Yellowstone Rd, Cheyenne, WY Show Phone

Listing date May 19, 2026

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MLS# 100842

Copyright © 2026 Cheyenne 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.

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Overview

This NNN commercial property includes two absolute triple-net leases with established businesses in place for more than 30 years. The total building size is 7,760 square feet on a 0.75-acre site. Based on the current asking price, the listing states a current capitalization rate of approximately 6.8%. The remarks also note potentially nine years remaining in both leases.

The property is positioned along Dell Range Boulevard, described as the “golden retail mile,” with over 30,000 ADT (the highest traffic count in Wyoming, per the provided information). This high-traffic frontage is a key consideration for tenants and operators seeking consistent retail exposure.

For buyers looking for an income-oriented asset with long-tenured operations already underway, the combination of absolute triple-net responsibility and remaining term is central to the offering. The two existing lease arrangements provide a structured basis for underwriting, while the site’s placement on a heavily traveled corridor supports continued visibility for the businesses in place.

Suggested Use

Law Firm Hotel & Motel Food Market Storage Facility HVAC Service Garden Center Accounting Firm Electrical Service Grocery & Convenience Store Grocery & Convenience Store

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

Location Insight

• Map
• Local Demand

City

Cheyenne

County

Laramie

State

Wyoming

Longitude

-104.802103

Latitude

41.159851

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FAQs

What type of property is this?

NNN property - Two absolute triple-net leases offer established business tenancies along Dell Range Boulevard in Cheyenne.

Where is this nnn property 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: Steel construction building with metal roof, built in 1993; Over 30 years of established businesses in place; Current CAP rate is approximately 6.8% using the current asking price