Retail NNN Investment with Absolute
For Sale
Contact for pricing
Pending
404 S Greeley Hwy, Cheyenne, WY 82007
Brand new 20-year absolute NNN lease includes 2% annual rent increases and four 5-year renewal options.
Property Size1,738 SF
Days on Market170
Property Features for 404 S Greeley Hwy
General Information
Standard status
Pending
Size
1,738 SF
Property subtype
RETAIL
Financials
Business Included
No
Opportunity Zone
Yes
Additional Details
Highway Access
Yes
Listing Agency:
Trek Investment Group
(512) 433-6999
Listed By:
Parker Carroll · License #574702
(512) 400-0458
Source:
Moodyscre
Added: Apr 2
Changed: Sep 17
Last Checked: Sep 16 at 8:22PM
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.
This is a retail property offered with a brand new 20-year absolute NNN lease featuring 2% annual rent increases throughout the initial term, along with four 5-year renewal options. The lease is structured with zero landlord responsibilities; the tenant is responsible for all taxes, insurance, utilities, and maintenance, including roof and structure.
The property is located on South Greeley Highway in Cheyenne, within a qualified Opportunity Zone. Public remarks indicate the site is positioned along a primary commercial artery and is surrounded by national retail anchors and dense residential neighborhoods. A reciprocal easement agreement provides non-exclusive perpetual easements for access and maintenance with adjacent parcels.
The property is located on South Greeley Highway in Cheyenne, within a qualified Opportunity Zone. Public remarks indicate the site is positioned along a primary commercial artery and is surrounded by national retail anchors and dense residential neighborhoods. A reciprocal easement agreement provides non-exclusive perpetual easements for access and maintenance with adjacent parcels.
Key Highlights
- Brand new 20‑year absolute NNN lease with 2% annual rent increases throughout the initial term
- Lease includes four 5‑year renewal options
- Tenant pays all taxes, insurance, utilities, and maintenance, including roof and structure
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
339
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
NNN property - Brand new 20-year absolute NNN lease includes 2% annual rent increases and four 5-year renewal options.
Where is this nnn property located?
The property is located at 404 S Greeley Hwy Cheyenne, WY.
What is the asking price?
The asking price for this property is $2,496,293.
What are key features of this property?
This property features: Brand new 20‑year absolute NNN lease with 2% annual rent increases throughout the initial term; Lease includes four 5‑year renewal options; Tenant pays all taxes, insurance, utilities, and maintenance, including roof and structure
