Multi-Tenant Retail Shopping
New
For Sale
$2,578,984
4025-4065 CY Avenue, Casper, WY 82604
Dollar Tree is a long-term tenant, with Walmart Supercenter nearby as a shadow anchor.
Property Size15,843 SF
Lot Size1.31 Acres
Price / SF$162.78
Days on Market3
Property Features for 4025-4065 CY Avenue
General Information
Standard status
Active
Size
15,843 SF
Lot size
1.31 Acres
Property subtype
Commercial
Zoning
General business
Additional Details
Asking Price
$2,578,984
Anchor Co-Tenants
Dollar Tree
Taxes and HOA fees
Annual Taxes
$10,749
Amenities
Natural Gas
Mountain Plaza #4 (RPLT) Lot7 Commercial
City
Three Phase
Central Air
Forced Air Gas
no
15843
Under 16 Foot
Membrane
Concrete Block, Stucco
57064
Slab
Panelized, Steel
Fire Detectors, Fire Sprinklers, Kitchen Area, Restrooms
368
1
10000 - 19999
Building Details
Building Size
15,843 SF
Year Built
1980
Buildings
1
Tenancy
Multi
Listed By:
Justin and Charlotte Putzier
(307) 259-8004
Source:
Mycasperhome.idxbroker
Added: Oct 11
Changed: Oct 13
Last Checked: Oct 12 at 4:40PM
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 Justin and Charlotte Putzier
Investment Insights
Based on property information with market context.
Mountain Plaza is a multi-tenant shopping center at 4025-4065 CY Avenue in Casper. Built in 1980, the property contains 15,843 square feet on 1.31 acres and is zoned General business. Dollar Tree is a long-term tenant, and Walmart Supercenter serves as a shadow anchor.
Approximately 2,300 square feet is vacant. Property improvements include a replacement roof system with a transferable 20-year warranty, along with multiple HVAC replacements. The center sits on the CY Avenue retail corridor in Casper, Wyoming.
Approximately 2,300 square feet is vacant. Property improvements include a replacement roof system with a transferable 20-year warranty, along with multiple HVAC replacements. The center sits on the CY Avenue retail corridor in Casper, Wyoming.
Key Highlights
- 15,843 SF retail center on 1.31 acres
- Approximately 2,300 SF of vacant space
- Long‑term Dollar Tree tenancy; Walmart Supercenter is a shadow anchor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$140,800
Cap Rate
5.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,816,000
$2.8M
Cap Rate 7%
$2,011,429
$2.0M
Cap Rate 9%
$1,564,444
$1.6M
Market Conditions
NOI Build-Up for 15,843 SF
Gross rent
$218.6K $13.80/SF
− Vacancy
−$17.5K −$1.10/SF
EGI
$201.1K $12.70/SF
− OpEx
−$60.3K −$3.81/SF
NOI
$140.8K $8.89/SF
Area
Natrona County, WY
Vacancy
8.00%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,816,000
Cap Rate 7%
$2,011,429
Cap Rate 9%
$1,564,444
Alternative Uses
Best Use
Retail
$2.01M
$1.76M – $2.35M
NOI $140,800 @ 7.0% cap · market cap 5.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.54M
$3.10M – $4.13M
NOI $247,607 @ 7.0% cap · market cap 9.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
257
Businesses Nearby
177k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 46%
Superstores 39%
Shops & Services 12%
Beauty & Spa 2%
Walmart
Superstores
68,950 visits/mo
0.3 miles
McDonald's
Dining
22,620 visits/mo
0.0 miles
Dollar Tree
Shops & Services
11,318 visits/mo
0.1 miles
Starbucks
Dining
11,085 visits/mo
0.1 miles
7 Brew Coffee
Dining
9,690 visits/mo
0.1 miles
Demographics for 82604, WY
26,539
Population
11,589
Households
2.3
Avg Household Size
39
Median Age
27%
College-Educated
93%
High-School Grad
1,048.4 sq mi
ZIP Area
25
Density / Sq Mi
$75,683
Median Household Income
$41,825
Median Earnings
$1,090
Median Rent
$270,800
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Dollar Tree is a long-term tenant, with Walmart Supercenter nearby as a shadow anchor.
Where is this shopping center located?
The property is located at 4025-4065 CY Avenue Casper, WY.
What is the asking price?
The asking price for this property is $2,578,984.
What are key features of this property?
This property features: 15,843 SF retail center on 1.31 acres; Approximately 2,300 SF of vacant space; Long‑term Dollar Tree tenancy; Walmart Supercenter is a shadow anchor
