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2506 Dewar Dr
Rock Springs, WY 82901
Alta: Rock Springs, WY · Retail Property For Sale
Investment Highlights
- Absolute NNN lease features ±14.5 years remaining and zero landlord obligations as Tenant is solely responsible for taxes, insurance and maintenance.
- Operating history of over 50 years.
- 7.5% rent increases in 2031, 2036 and in each of the four 5-year renewal options.
Executive Summary
CBRE is pleased to exclusively offer for sale the2395-square-foot Alta convenience store and gas station situated on 0.62 acres in Rock Springs, WY. Alta’s absolute NNN lease features ±14.5 years remaining and zero landlord obligations as Tenant is solely responsible for taxes, insurance and maintenance.
Business is not for sale.
Business is not for sale.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
2,395 SF
Building Class
C
Year Built
1974
Price
$1,929,198 CAD
Price Per SF
$805.51 CAD
Cap Rate
6.50%
NOI
$125,398 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.00 AC
Parking
9 Spaces (3.76 Spaces per 1,000 SF Leased)
Frontage
185’ on Foothill Boulevard
Property Taxes
| Parcel Number | 04-1905-33-4-00-011.00 | Improvements Assessment | $23,115 CAD |
| Land Assessment | $15,212 CAD | Total Assessment | $38,328 CAD |
Property Taxes
Parcel Number
04-1905-33-4-00-011.00
Land Assessment
$15,212 CAD
Improvements Assessment
$23,115 CAD
Total Assessment
$38,328 CAD
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