Property profile

2421 Foothill Blvd Rock Springs, WY 82901

FOR LEASE
Super regional malls
Property ID
US95-0255678
472,634 SF 29.86 ac lot Built 1977
Entity Owned 2-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional investment opportunity presents itself in the form of the White Mountain Shopping Center, a thriving retail center located in Sweetwater County, Wyoming. The center boasts a total of 336,870 square feet of retail space, offering flexible options for businesses of various sizes. Units range from a minimum of 918 square feet to a maximum contiguous space of 13,764 square feet, catering to a diverse range of retail needs. The property is available for ground lease and build-to-suit opportunities, providing significant flexibility for potential tenants. The center currently houses a strong tenant base, with a majority enjoying long-term leases exceeding 10 years, demonstrating the property's enduring appeal and market stability. Rock Springs offers a compelling demographic profile, characterized by high household incomes and a low cost of living, translating into substantial disposable income for consumers. The White Mountain Shopping Center enjoys a significant competitive advantage as the only major retail center within a 75-mile radius, ensuring a substantial and exclusive trade area. This unique combination of factors makes this property an exceptional investment opportunity with significant long-term growth potential. The multiple tenancy structure allows for diverse income streams and a robust tenant mix. This is a rare chance to acquire a dominant retail presence in a thriving market.

Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1977
Total area 472,634 SF
Lot 29.86 ac (1,300,802 SF)
APN 1905-33-3-01-010-01
UPID US95-0255678

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2421 Foothill Blvd Rock Springs, WY 82901
Rock Springs metro Census 970905 ROCK SPRINGS, WY MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.10M

Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
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
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message