152 Industrial Dr, Rock Springs, WY 82901-4052
This exceptional investment opportunity presents a single-tenant, net-leased industrial property located at 152 Industrial Dr, Rock Springs, Wyoming, 82901. The property consists of a ±9,000 square foot building situated on a 1.14-acre lot. Currently 100% occupied by Praxair Distribution, Inc., a globally recognized industrial gas company, under a NNN lease expiring January 31, 2026, offering a remaining lease term of approximately 1.2 years. The property boasts a strong net operating income (NOI) of $105,660, translating to an attractive 8.45% cap rate. The asking price is $1,250,000, representing a price per square foot of $138.89. Built in 1975, this single-story building is classified as a distribution, flex, and warehouse space. The property's strategic location along US Highway 191, a major city thoroughfare, provides excellent visibility and accessibility. The lease includes options for 2 and 3-year extensions, offering potential for long-term income generation. The property's APN is 04-1905-22-1-00-010.00. This is a compelling investment opportunity for those seeking a stable, high-yield return in a desirable location. Seller carry financing is available.
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Linde Welding Gas & Equipment Center Big Box & Wholesale Store Building Supply
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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.