Property summary
This exceptional investment opportunity presents a 20-year Absolute NNN ground lease for a thriving StillWest Brewery and Grill in Jackson, Wyoming. Located at 45 E Snow King Ave, this 11,978 square foot property sits on a 0.36-acre lot and boasts 100% occupancy. The building, constructed in 2018, features 28 parking stalls and benefits from a strategic location just two minutes from US-191, a major thoroughfare with over 17,000 vehicles per day. The property enjoys proximity to key attractions including Snow King Resort and the Jackson Hole Ski & Snowboard Club, ensuring consistent high traffic and visibility within a highly affluent market. Average household incomes within a 10-mile radius exceed $131,800, with annual spending on food and alcohol nearing $63.4 million. Jackson Hole's robust tourism industry, attracting 2.6 million visitors annually and generating $1.7 billion in travel spending, further enhances the property's investment potential. The lease includes annual rent bumps of 2-3% and offers four, 5-year or two, 10-year renewal options at the tenant's discretion. This is a passive ownership opportunity with minimal landlord responsibilities, making it an ideal addition to any diversified investment portfolio. The property's prime location also places it within walking distance of numerous restaurants, retail establishments, and entertainment venues, contributing to its strong market position and long-term viability. The net rentable square footage is 1,978 square feet.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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Cafe & Coffee Shop
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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