Retail/Studio
For Sale
Contact for pricing
D-110 E Lincolnway, Cheyenne, WY 82001
Retail/studio unit available in a highly visible storefront next to Jimmy John's.
Property Size1,200 SF
Price / SF$1.50
Days on Market98
Property Features for D-110 E Lincolnway
General Information
Standard status
Active
Size
1,200 SF
Taxes and HOA fees
Annual Taxes
$5,486
Listing Agency:
Preferred Management
(307) 638-7232
Listed By:
Amy Surdam
(307) 421-7277
Source:
Exprealty
Added: Jul 15
Changed: Oct 13
Last Checked: Oct 19 at 9:14AM
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 Preferred Management
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Retail/studio space is available in a storefront configuration at D-110 E Lincolnway. The offering is positioned as a retail/studio option within a highly visible location and totals 1,200 square feet.
The unit is located on E. Lincolnway in Cheyenne, WY, and is adjacent to Jimmy John’s. The strong storefront presence on the main road makes it suitable for businesses that benefit from walk-in and drive-by exposure.
The unit is located on E. Lincolnway in Cheyenne, WY, and is adjacent to Jimmy John’s. The strong storefront presence on the main road makes it suitable for businesses that benefit from walk-in and drive-by exposure.
Key Highlights
- Retail/studio unit available in a highly visible storefront on E. Lincolnway
- Located next to Jimmy John's
- $1,800 per month
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,765
Suggested Prices Based on Cap Rates
Cap Rate 5%
$275,300
$275.3K
Cap Rate 7%
$196,643
$196.6K
Cap Rate 9%
$152,944
$152.9K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$22.3K $18.60/SF
− Vacancy
−$2.7K −$2.21/SF
EGI
$19.7K $16.39/SF
− OpEx
−$5.9K −$4.92/SF
NOI
$13.8K $11.47/SF
Area
Laramie County, WY
Vacancy
11.90%
Lease Rate
$18.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$275,300
Cap Rate 7%
$196,643
Cap Rate 9%
$152,944
Alternative Uses
Best Use
Retail
$196.6K
$172.1K – $229.4K
NOI $13,765 @ 7.0% cap · market cap 764.72%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,394
Businesses Nearby
Explore this area
Business Placement
Demographics for 82001, WY
37,528
Population
17,977
Households
2.1
Avg Household Size
36
Median Age
32%
College-Educated
95%
High-School Grad
55.1 sq mi
ZIP Area
681
Density / Sq Mi
$74,149
Median Household Income
$45,456
Median Earnings
$1,044
Median Rent
$291,400
Median Home Value
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - Retail/studio unit available in a highly visible storefront next to Jimmy John's.
Where is this retail space located?
The property is located at D-110 E Lincolnway Cheyenne, WY.
What are key features of this property?
This property features: Retail/studio unit available in a highly visible storefront on E. Lincolnway; Located next to Jimmy John's; $1,800 per month
