4801 2Nd StCasper, WY 82609

Property Details for 4801 2Nd St

Year built

2000

Lot size

1.61 AC

Property size (Sq ft)

25,523 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

3379-12-10-1-00500

APU

33791210100500

Description

Triangle Plaza offers a prime retail opportunity in Casper, Wyoming. This Class A, single-story strip center totals 25,500 square feet, with 7,025 square feet currently available for lease. The property is situated at 4801 E 2nd St, Casper, WY 82609, boasting excellent visibility and accessibility. Its location on a busy thoroughfare provides high traffic counts and easy access to Interstate 25 and Highways 20/26, placing it just 13 miles from Natrona International Airport. The center is strategically positioned near major national retailers, businesses, restaurants, and hotels, benefiting from a strong surrounding commercial environment. Within walking distance is the 80-acre Eastridge Mall, further enhancing the area's retail draw. The property is zoned C-2 (General Business) and is a multiple-tenancy building. Individual spaces of up to 6,000 square feet are available, making it suitable for a variety of retail businesses. The property's features include high visibility, convenient access to major transportation routes, and proximity to a large indoor shopping mall and other established businesses. This is a Net Net Net (NNN) lease opportunity. The building is a single building, one story high.

• CAP approach

  CAP return

  Valuation

  6%

  $8,127,497

  6.5%

  $7,502,305

  7%

  $6,966,426

• Comparable approach

  Method

  Valuation

  Relative Method

  $15,359,222

  Geo Method

  $5,313,950

• Alternative Use

  Use

  Valuation

  Residential

  $6,328,475

  Hospitality

  $5,796,849

  Educational

  $4,822,910

  Medical

  $4,988,778

  Retail

  $7,502,305

Location Insight

City

Casper

County

Natrona

State

Wyoming

Latitude

42.8475

Longitude

-106.262

CBSA code

16220

CBSA name

CASPER, WY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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