For Sale
$2,358,000

3950 Denis DrCasper, WY 82604

High-Yield 7 Brew NNN Lease

Overview

Added:
Dec 11, 2024
Days on market:
112

Highlights

  • Brand new 571 square foot 7 Brew Coffee shop on a 0.85-acre lot in Casper, Wyoming.
  • 15-year absolute NNN lease commencing June 14, 2024, with 5% rent bumps every five years.
  • Strong 7.00% cap rate and $165,000 net operating income (NOI).
  • High-traffic location at a signalized intersection with over 48,000 vehicles daily, near Casper College, University of Wyoming at Casper, and several high schools.
  • $2,358,000 asking price; 1031 exchange eligible; tax-free state investment.

Property Details for 3950 Denis Dr

Property type
Retail properties
Square Feet
571 SF
Year Built
2024
Lot Size (sq. ft)
37,026 SF

Location Insight

City
Casper
County
Natrona
State
Wyoming
Latitude
42.81992428
Longitude
-106.36879736
3950 Denis Dr, Casper, Wyoming
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3950 Denis Dr
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