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Take 5 Oil Change NNN Property
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2628 Dell Range Blvd, Cheyenne, WY 82009

Newly constructed automotive service property leased on an absolute NNN basis with scheduled rent increases and renewal options.

Property Size1,710 SF
Price / SF$1,639
Days on Market9

Property Features for 2628 Dell Range Blvd

General Information

Standard status Active
Size 1,710 SF
Class A
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $172,380

Additional Details

Traffic Count 18,300 vehicles/day

Building Details

Year Built 2023
Tenancy Single
Listing Agency: TREK Investment Group
Listed By: Parker Carroll · License #TX 574702
Source: Crexi
Added: Aug 3 Changed: Aug 11 Last Checked: Aug 11 at 6:52AM

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 TREK Investment Group

Investment Insights

Based on property information with market context.

Constructed in 2023, this 1,710-square-foot automotive service property is leased to Take 5 Oil Change under a 20-year absolute NNN lease. The lease includes 2% annual rent increases during the initial term and each of four 5-year renewal options. The structure places responsibility for taxes, insurance, utilities, maintenance, roof, and structure with the tenant, supporting a passive ownership format.

The property occupies a position along Dell Range Blvd, a primary commercial corridor in Cheyenne with traffic counts of approximately 18,300 VPD. Nearby national retailers include Menards, Chick-fil-A, and Starbucks, with surrounding residential neighborhoods adding to the broader commercial setting.

Key Highlights

  • 2023 construction with 1,710 SF of building area
  • 20‑year absolute NNN lease with four 5‑year renewal options
  • 2% annual rent increases during the initial term and renewal options

Property Analytics

Current Use

Take 5 Oil ... Auto Repair Shop

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Building Supply Nail Salon Dental Office

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

18,300 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

801
Businesses Nearby

Demographics for 82009, WY

35,700
Population
15,361
Households
2.3
Avg Household Size
44
Median Age
41%
College-Educated
96%
High-School Grad
1,277.8 sq mi
ZIP Area
28
Density / Sq Mi
$102,727
Median Household Income
$57,157
Median Earnings
$1,106
Median Rent
$415,000
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Newly constructed automotive service property leased on an absolute NNN basis with scheduled rent increases and renewal options.
Where is this nnn property located?
The property is located at 2628 Dell Range Blvd Cheyenne, WY.
What is the asking price?
The asking price for this property is $2,802,927.
What are key features of this property?
This property features: 2023 construction with 1,710 SF of building area; 20‑year absolute NNN lease with four 5‑year renewal options; 2% annual rent increases during the initial term and renewal options
(512) 400-0458 Call to check price and availability
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