2421 Foothill Blvd Rock Springs, WY 82901
- Super regional malls
- 472,634 SF
- 29.86 lot acres
Current Use by Public Records
- Super regional malls
Property Details for 2421 Foothill Blvd
- Year built
- 1977
- Lot size
- 29.86 lot acres
- Property size
- 472,634 SF
- Property type
- Super regional malls
- APN
- 1905-33-3-01-010-01
- APU
- 19053330101001
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,100,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $925,000
- 6.5%
- $1,005,000
- 7%
- $925,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,155,000
- Geo Method
- $915,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $900,000
- Retail
- $930,000
- Mixed-Use
- $850,000
- Hospitality
- $1,145,000
- Educational
- $860,000
- Residential Income
- $920,000
- Energy
- $1,050,000
- Income-Based Land
- $925,000
- Food Service
- $840,000
Location Insight
- Map
- Local Demand
- City
- Rock Springs
- County
- Sweetwater
- State
- Wyoming
- Longitude
- -109.264
- Latitude
- 41.5809
- CBSA code
- 40540
- CBSA name
- ROCK SPRINGS, WY MICROPOLITAN STATISTICAL AREA
