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426 S 6th St
Thermopolis, WY 82443
426 S 6th Street · Retail Property For Sale
Investment Highlights
- Passive NN+ lease — landlord responsible only for roof, structure, and foundation.
- Location operated as auto parts store for over 50 years; previously Napa Auto Parts.
- 8% rent increases in options 1 & 2; 12% increase in 3rd option period.
- Annual rents significantly below replacement costs, keeping O'Reilly's margins high.
- O'Reilly extended lease 10 years in October 2022, demonstrating high commitment.
- O'Reilly is the only national brand auto parts retailer in Hot Springs County.
Executive Summary
Broker Of Record
Brayden Conner
Matthews of Wyoming, LLC
RE-17559, 275300 (WY)
1600 West End Ave, Ste. 1500 Nashville, TN 37203 (866) 889-0550
Brayden Conner
Matthews of Wyoming, LLC
RE-17559, 275300 (WY)
1600 West End Ave, Ste. 1500 Nashville, TN 37203 (866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
4,960 SF
Building Class
C
Year Built
1973
Price
$437,633 CAD
Price Per SF
$88.23 CAD
Cap Rate
7%
NOI
$30,633 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.39
Lot Size
0.29 AC
Opportunity Zone
Yes
Property Taxes
| Parcel Number | 2413 | Improvements Assessment | $28,662 CAD |
| Land Assessment | $9,553 CAD | Total Assessment | $38,215 CAD |
Property Taxes
Parcel Number
2413
Land Assessment
$9,553 CAD
Improvements Assessment
$28,662 CAD
Total Assessment
$38,215 CAD
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