1120 2 St Upton, WY 82730
This exceptional investment opportunity presents a brand-new, 10,500-square-foot Family Dollar/Dollar Tree retail property in Upton, Wyoming. Built in 2024, this single-tenant, fee-simple property boasts a 10-year net lease with a corporate guarantee from Dollar Tree, a highly rated (BBB) and financially stable company. The lease commenced March 21, 2024, and expires March 31, 2034, with five, 5-year renewal options, each including a $5,250 rent increase ($0.50 per square foot). The property sits on a two-acre lot and enjoys 100% occupancy, generating a strong net operating income (NOI) of $135,975, resulting in a compelling 7.85% capitalization rate. The asking price is $1,732,166. This is a first-to-market location in Upton, with no direct competition from Dollar General or Walmart, serving a community with an average household income of $122,295. The property includes a transferable 20-year roof warranty. The combination Family Dollar/Dollar Tree store format demonstrates a 20% higher sales volume than single-branded stores. Wyoming's income tax-free status further enhances the investment's attractiveness. This is a rare opportunity to acquire a high-performing, low-risk retail investment in a strong market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.