140 Gardenia Dr Cheyenne, WY 82009
Sponsored
High-yield NNN ground lease, strong tenant.
Property size:
4,282 SFDescription
- Added:
- Dec 11, 2024
- Days on Market:
- 391
Property Features for 140 Gardenia Dr
General Information
- Property type
- Restaurants
- Square Feet
- 4,282 SF
- Lot Size
- 57,935 SF
Building Details
- Year Built
- 2010
- Buildings
- 1
HighLights
- Maverik‑branded gas station and convenience store, 4,282 square feet on a 1.33‑acre lot.
- 17.1 years remaining on a 25‑year NNN ground lease with corporate guarantee and ten 5‑year renewal options; 7% rent increases every 5 years.
- 7% rent increase scheduled for end of 2026.
- High‑traffic location on a hard corner near I‑25, with over 15,012 vehicles per day.
- Strong demographics: over 67,585 people within a 5‑mile radius, average household income exceeding $109,000 within 1 mile.
Property Profile
Location Intelligence
Current Use by Public Records
Maverik Adventure's First ...
Gas Station
Location Insight
- Map
- Local Demand
- City
- Cheyenne
- County
- Laramie
- State
- Wyoming
- Longitude
- -104.8274017312
- Latitude
- 41.182221534485
Nearby Similar for Sale
FAQs
What type of property is this?
Restaurant - High-yield NNN ground lease, strong tenant.
Where is this restaurant located?
The property is located at 140 Gardenia Dr Cheyenne, WY.
What is the asking price?
The asking price for this property is $2,568,000.
What are key features of this property?
This property features: Maverik-branded gas station and convenience store, 4,282 square feet on a 1.33-acre lot.; 17.1 years remaining on a 25-year NNN ground lease with corporate guarantee and ten 5-year renewal options; 7% rent increases every 5 years.; 7% rent increase scheduled for end of 2026.
