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    Property profile & analytics
    FOR LEASE
    Outlet malls

    5232 Rue Terre, Cheyenne, WY 82009

    68,633 SF 5.87 ac lot Built 2007
    Entity Owned 11-yr Hold Free & Clear
    Property ID
    US95-0091296
    Property summary
    AI-generated overview

    This exceptional 1-acre commercial pad site presents a remarkable opportunity for businesses seeking high visibility and convenient access in Cheyenne, Wyoming. Strategically located adjacent to a thriving Kohl's department store, this property benefits from its position within a dominant shopping center anchored by a collection of national retailers. The site offers easy access for customers and employees alike, ensuring optimal convenience and exposure. Neighboring businesses include Lowe's, Sprouts Farmers Market, Michael's, Barnes & Noble, and several other well-established national brands, creating a synergistic environment and attracting significant foot traffic. The property is available for ground lease, providing flexibility and potential for customized development to suit specific business needs. This prime location within a bustling retail hub offers unparalleled potential for growth and success, making it an exceptional investment opportunity for discerning businesses seeking a prominent presence in the Cheyenne market. The property's single tenancy status ensures a focused and controlled environment. Located in Laramie County, this site offers easy access to major transportation routes, further enhancing its appeal and accessibility. This is a rare opportunity to secure a highly visible and strategically located pad site in a thriving retail environment.

    Property profile
    Verified
    Property type Outlet malls
    Use group WHOLESALE OUTLET, DISCOUNT STORE
    Year built 2007
    Total area 68,633 SF
    Lot 5.87 ac (255,697 SF)
    Zoning code CB
    APN 13924000100010
    UPID US95-0091296
    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
    • Kohl's Department Store
    • SEPHORA at Kohl's (Bike/Boat/Book/etc) Store Cosmetic Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.15M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.33M
    Blend (final) Blend
    $1.24M
    Owner & transaction history
    Kohls Illinois INC · 11 yrs held
    Kohls Illinois INC
    since 2015
    1 recorded transaction
    2015
    Zoning & alternative use
    CB · Cheyenne, WY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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