Drug Store NNN Lease
For Sale
Contact for pricing
4005 Grand Ave, Laramie, WY 82070
Walgreens is offered with a new 15-year absolute net lease and scheduled 5% increases every five years.
Property SizeContact for details
Days on Market123
Property Features for 4005 Grand Ave
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Traffic Count
11,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Bang Realty
(888) 737-2264
Listed By:
Brian Brockman · License #BR691523000
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 22 at 5:34PM
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
Investment Insights
Based on property information with market context.
This offering includes a Walgreens drug store with a new 15-year absolute net lease. The lease is described as having no landlord responsibilities whatsoever, with 5% rental increases every five years during the initial term and each of the 12 five-year options.
The property is located on a signalized corner of East Grand Avenue, connecting the University of Wyoming to Interstate 80. The remarks cite traffic counts of approximately 11,000 VPD on East Grand Avenue and 22,000 VPD on Interstate 80.
The seller also notes the University of Wyoming as the largest employment anchor in Laramie and cites hotel rooms within one mile of approximately 433, including multiple named properties.
The property is located on a signalized corner of East Grand Avenue, connecting the University of Wyoming to Interstate 80. The remarks cite traffic counts of approximately 11,000 VPD on East Grand Avenue and 22,000 VPD on Interstate 80.
The seller also notes the University of Wyoming as the largest employment anchor in Laramie and cites hotel rooms within one mile of approximately 433, including multiple named properties.
Key Highlights
- Walgreens at 4005 East Grand Avenue, Laramie, Wyoming, offered with a new 15‑year absolute net lease.
- Lease structure includes 5% rental increases every 5 years during the initial term and each of the 12 (5‑year) options.
- Signalized corner location on East Grand Avenue (11,000 VPD) connecting the University of Wyoming to Interstate 80 (22,000 VPD).
Property Analytics
Property Profile
Current Use
Lease Details
11,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,184
Businesses Nearby
26k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 33%
Dining 31%
Shops & Services 28%
Electronics 8%
Ace Hardware & Paint
Home Improvements & Furnishings
8,497 visits/mo
0.3 miles
The UPS Store
Shops & Services
4,488 visits/mo
0.4 miles
Domino's Pizza
Dining
3,946 visits/mo
0.4 miles
Advance Auto Parts
Shops & Services
2,904 visits/mo
0.3 miles
Insomnia Cookies
Dining
2,894 visits/mo
0.4 miles
Demographics for 82070, WY
20,308
Population
9,838
Households
2.1
Avg Household Size
30
Median Age
53%
College-Educated
97%
High-School Grad
1,014.4 sq mi
ZIP Area
20
Density / Sq Mi
$65,399
Median Household Income
$33,958
Median Earnings
$960
Median Rent
$325,500
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Walmart Pharmacy — 4308 Grand Ave, Laramie, WY 82070
- Jill S. Vancleave, PharmD — 3112 Grand Ave, Laramie, WY 82070
- Mollie Jay, PharmD — 3112 Grand Ave, Laramie, WY 82070
- Ridley's Pharmacy #1131 — 3112 grand ave, laramie, wy 82070
- Ridley's Pharmacy — 3112 Grand Ave, Laramie, WY 82070
Frequently Asked Questions
What type of property is this?
Drug store - Walgreens is offered with a new 15-year absolute net lease and scheduled 5% increases every five years.
Where is this drug store located?
The property is located at 4005 Grand Ave Laramie, WY.
What are key features of this property?
This property features: Walgreens at 4005 East Grand Avenue, Laramie, Wyoming, offered with a new 15‑year absolute net lease.; Lease structure includes 5% rental increases every 5 years during the initial term and each of the 12 (5‑year) options.; Signalized corner location on East Grand Avenue (11,000 VPD) connecting the University of Wyoming to Interstate 80 (22,000 VPD).
