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Property profile & analytics
FOR LEASE
Strip malls

1016 W Spruce St Rawlins, WY 82301

22,916 SF 1.53 ac lot Built 1959
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US95-0062656
Property summary
AI-generated overview

This exceptional single-story retail property, located at 1016 W Spruce St, offers 24,727 square feet of commercial space in a thriving retail center. The building features four suites, currently with 2,300 square feet of vacant space available for lease. Two spaces are immediately available, one measuring 500 square feet and the other 1,800 square feet. These spaces can be leased individually or combined to accommodate a variety of business needs. The property benefits from a strong anchor tenant presence, including Dollar Tree and Family Dollar, ensuring high foot traffic and visibility. This prime location provides excellent access for customers and employees alike. The property is ideal for businesses seeking a well-established retail environment with significant potential for growth. The single-story design offers convenient access and ample parking. With its strategic location and attractive lease options, this property presents a compelling opportunity for businesses looking to establish or expand their presence in a vibrant commercial area. The available space is highly adaptable and can be configured to meet the specific requirements of prospective tenants. Don't miss this chance to secure a prominent position in a successful retail center.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1959
Total area 22,916 SF
Lot 1.53 ac (66,439 SF)
APN 21871732900300
UPID US95-0062656
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Patricia Lea Shue Association / Organization
  • Meadowlark Clinic Medical Clinic
  • Family Dollar Discount Store
  • Dr. Joan Johnson Physician
  • Stephanie Chiu Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$640k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$640k
Owner & transaction history
Byzantine INC · 7 yrs held
Byzantine INC
since 2019
1 recorded transaction
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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