20 Wilkins Peak Dr - Warehouse FOR SALE


Rock Springs, WY 82901
$2,357,555 USD
307-679-5115
20 Wilkins Peak Dr, Rock Springs, WY for Sale
$2,357,555 USD
Warehouse - FOR SALE
1/25
null | 9% Cap Rate

20 Wilkins Peak Dr
Rock Springs, WY 82901


HIGHLIGHTS

  • Absolute NNN Lease
  • 18-year term remaining
  • 3.0% annual rent increases
  • 7.3% cap rate9
  • High quality 13,648 square-foot building
  • Paved and fenced yard

OVERVIEW

APEX Real Estate is pleased to present a single-tenant Absolute NNN lease investment opportunity in Rock Springs, Wyoming. The property is occupied by WYUTEX Energy Service and is located at 20 Wilkins Peak Drive. WYUTEX Energy Service is an oilfield service company. With multiple offices in the heart of the oilfield, WYUTEX Energy Service works closely with the companies that it does business with. This ensures that the goals and satisfaction of the companies that it works with are being met while at the same time maintaining the quality and safety of the work that WYUTEX Energy Service performs for them. WYUTEX Energy Service provides Well Site Construction as well as Oil Well and Gas Well Maintenance services in various regions of the United States. The 1.01-acre site consists of a high-quality 13,648 square-foot building built in 2008 that has approximately 1,648 square feet of office space which includes a conference room, reception area, two offices, storage room, and half bathroom. The building has over 10,000 square feet of heated warehouse space. Some features include a floor drain, wash bay, seven (7) - 14' doors, a 1,648 square foot mezzanine area with lockers, and a paved and fenced yard. There are currently eighteen (18) years remaining on the lease plus two (2), 5-year options to renew. The lease includes 3.0% annual increases. This is an excellent opportunity to acquire a high-quality constructed industrial building with a strong tenant which services the oil and natural gas industry. The location is well situated with easy access to Interstate 80. Buyer and buyer’s agent to verify all information. The 1.01-acre site consists of a high-quality 13,648 square-foot building built in 2008 that has approximately 1,648 square feet of office space which includes a conference room, reception area, two offices, storage room, and half bathroom. The building has over 10,000 square feet of heated warehouse space. Some features include a floor drain, wash bay, seven (7) - 14' doors, a 1,648 square foot mezzanine area with lockers, and a paved and fenced yard. There are currently eighteen (18) years remaining on the lease plus two (2), 5-year options to renew. The lease includes 3.0% annual increases. This is an excellent opportunity to acquire a high-quality constructed industrial building with a strong tenant which services the oil and natural gas industry. The location is well situated with easy access to Interstate 80. Buyer and buyer’s agent to verify all information.

FOR SALE DETAILS

PRICE

$2,357,555 USD

PRICE/SF

$173 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

UTILITIES

Gas - Natural, Water - City, Sewer, Heating - Gas

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

7

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.01

LAND SF

43,996

ZONING

Industrial

APN/PARCEL ID

04-1805-07-3-02-013.00

ASK ABOUT THIS PROPERTY

Cody FerrinAPEX Real Estate LLCMore Info
307-679-5115

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Cody FerrinAPEX Real Estate LLCMore Info
307-679-5115

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.