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Arby's 3228 W College Dr 3,305 SF Retail Building Cheyenne, WY 82007 $1,907,643 CAD ($577.20 CAD/SF) 6.75% Cap Rate
Investment Highlights
- Strong Franchisee Guarantee
- Proximity to Cheyenne Regional Airport & Wyoming Air National Guard
- Strategic Interstate Location
- Strong Academic Presence
- Proximity to Major Medical Demand Generators
- Cheyenne, WY — Wyoming's Capital & Largest City
Executive Summary
Bang Realty is pleased to present the exclusive listing for an Arby's located at 3228 West College Drive, Cheyenne, WY 82007. The site consists of roughly 3,305 rentable square feet of building space on an estimated 1.28-acre parcel of land. Arby's is subject to a 20-year Triple Net (NNN) lease, which commenced 9/30/2039. The current annual rent is $91,849 and has scheduled increases of 1.50% Annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,305 SF
Year Built
2007
Price
$1,907,643 CAD
Price Per SF
$577.20 CAD
Cap Rate
6.75%
NOI
$128,766 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.28 AC
Zoning
CB
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 1-3944-0001-0007-0 | Improvements Assessment | $61,954 CAD |
| Land Assessment | $11,510 CAD | Total Assessment | $73,464 CAD |
Property Taxes
Parcel Number
1-3944-0001-0007-0
Land Assessment
$11,510 CAD
Improvements Assessment
$61,954 CAD
Total Assessment
$73,464 CAD
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Arby's | 3228 W College Dr
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