600 Whalen St Guernsey, WY 82214

This exceptional investment opportunity presents a 10,566 square foot Dollar General store located at 600 W Whalen St, Guernsey, WY 82214. The property sits on a 1.1-acre lot and boasts a 15.1-year absolute NNN lease, commencing August 28, 2023, and expiring September 29, 2038. The lease includes rent bumps every five years, providing consistent income growth. The tenant, Dollar General, is backed by a corporate guarantee, mitigating risk. The property enjoys a prime location on US Route 26, benefiting from high visibility and significant traffic (4,932 AADT). The affluent area boasts an average annual household income of $93,336 within a one-mile radius, projected to increase by 13% by 2028. Proximity to Camp Guernsey Joint Training Center and Guernsey State Park further enhances the property's appeal. The building was constructed in 2023. The Net Operating Income (NOI) is $118,917, resulting in a 6.35% cap rate. This is an ideal investment for passive investors seeking a secure, high-return asset with minimal management responsibilities. The asking price is $1,873,000. This offering is suitable for a 1031 exchange.