ADA-Compliant Office
245 STOREY BLVD Cheyenne, WY 82009
245 STOREY BLVD, Cheyenne, WY, 82009
$3,800,000
For Sale
$3,800,000
COMMERCIAL - Cheyenne, WY
Property Size9,636 SF
Lot Size0.69 Acres
Price / SF$394.35
Days on Market411
Property Features for 245 STOREY BLVD
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Appliances
- Building, Land
- Standard status
- Active
- Size
- 9,636 SF
- Lot size
- 0.69 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- See Addendum
Building Details
- Year built
- 2017
- Building materials
- Frame
- Roof type
- Composition
Listing Agency
#1 Properties
(307) 634-2222
6106 Yellowstone Rd, Cheyenne, WY
Listed by
Jim Weaver · License #10624
(307) 630-5161
Added: Jun 4, 2025 Checked: Jul 19 at 3:06 am
MLS# 97406
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.
Investment Insights
Based on property information with market context.
This Absolute NNN office property includes a total of 20 large professional offices, six conference rooms, and a 700-square-foot training center. The space also features a large break room, a climate-controlled IT room, a 750-square-foot reception area, and 275 square feet of storage. The building is described as fully ADA compliant, including a passenger elevator, and offers shared parking.
The property is located at 245 Storey Blvd in Cheyenne, Wyoming (Laramie County). The lease structure includes 4 years remaining on a 5-year extension of an original 7-year lease. The extension is supported by a corporate guarantee from First American Title Insurance Company, and the lease is referenced with a 5.4% cap rate in the remarks.
For buyers seeking an office asset with a defined remaining lease term under an Absolute NNN structure, this building provides a tenant-ready mix of private offices, meeting rooms, and specialized support areas such as the climate-controlled IT room. It may also appeal to operators evaluating a turnkey configuration with reception, training, and storage components already built into the improvements, along with confirmed ADA accessibility and elevator service.
The property is located at 245 Storey Blvd in Cheyenne, Wyoming (Laramie County). The lease structure includes 4 years remaining on a 5-year extension of an original 7-year lease. The extension is supported by a corporate guarantee from First American Title Insurance Company, and the lease is referenced with a 5.4% cap rate in the remarks.
For buyers seeking an office asset with a defined remaining lease term under an Absolute NNN structure, this building provides a tenant-ready mix of private offices, meeting rooms, and specialized support areas such as the climate-controlled IT room. It may also appeal to operators evaluating a turnkey configuration with reception, training, and storage components already built into the improvements, along with confirmed ADA accessibility and elevator service.
Key Highlights
- Absolute NNN lease with 4 years remaining on a 5‑year extension of an original 7‑year lease
- 5.4% CAP with First American Title Insurance Company as corporate guarantee
- Building features 20 large professional offices plus 6 conference rooms
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
First American Title ...
Title Company
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FAQs
What type of property is this?
Office building - Absolute NNN office property leased through an existing extension, featuring multiple offices, conference rooms, training space, and elevator access.
Where is this office building 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; 5.4% CAP with First American Title Insurance Company as corporate guarantee; Building features 20 large professional offices plus 6 conference rooms
