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Triple-Net Leased QSR Restaurant
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3228 West College Drive, Cheyenne, WY 82007

Arby’s is offered with a 20-year triple-net lease in place and scheduled annual rent increases.

Property Size3,305 SF
Lot Size1.28 Acres
Price / SF$411.72
Days on Market114

Property Features for 3228 West College Drive

General Information

Standard status Active
Size 3,305 SF
Lot size 1.28 Acres
Property subtype Retail
Occupancy 100%
Lease Type NNN
Investment Type Net Lease
Net Operating Income $91,849

Building Details

Year Built 2007
Stories 1
Units 1
Tenancy Single
Listing Agency: Bang Realty
Listed By: Brian Brockman · License #177814
Source: Crexi
Added: Jun 29 Changed: Oct 19 Last Checked: Oct 19 at 3:56AM

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 Bang Realty

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Investment Insights

Based on property information with market context.

Bang Realty presents a for-sale Arby’s restaurant property located at 3228 West College Drive, Cheyenne, WY. The site includes approximately 3,305 rentable square feet of building space on an estimated 1.28-acre parcel.

The property is subject to a 20-year triple-net (NNN) lease that commenced 9/30/2039. Current annual rent is $91,849, with scheduled increases of 1.50% annually.

Key Highlights

  • Arby’s on 1.28‑acre parcel at 3228 West College Drive, Cheyenne, WY 82007
  • 2007‑built property with about 3,305 rentable SF of building space
  • 20‑year Triple Net (NNN) lease in place

Property Analytics

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Current Use

Arby's Restaurant

Suggested Use

Top Pick Electrical Service Auto Parts Store Bakery Grocery & Convenience Store Garden Center Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

66
Businesses Nearby
Well-served
Demand for This Use

Demographics for 82007, WY

21,249
Population
9,542
Households
2.2
Avg Household Size
35
Median Age
16%
College-Educated
89%
High-School Grad
193.8 sq mi
ZIP Area
110
Density / Sq Mi
$55,461
Median Household Income
$35,537
Median Earnings
$1,120
Median Rent
$218,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Arby’s is offered with a 20-year triple-net lease in place and scheduled annual rent increases.
Where is this conventional restaurant located?
The property is located at 3228 West College Drive Cheyenne, WY.
What is the asking price?
The asking price for this property is $1,360,726.
What are key features of this property?
This property features: Arby’s on 1.28‑acre parcel at 3228 West College Drive, Cheyenne, WY 82007; 2007‑built property with about 3,305 rentable SF of building space; 20‑year Triple Net (NNN) lease in place
(888) 737-2264 Call to check price and availability
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