Contacts
Michael Matusik
Prime Net Lease
Property Details
- Property Type Retail - Freestanding
- Property Size 6,350 SF
- Lot Size 1.53 Acre
- Additional Rent Contact for pricing
- Property Tenancy Single Tenant
- Year Built 2016
- Year Renovated 2024
- Date Updated Nov 26, 2024
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Reach out to the broker for more info on lease terms and amenities
Highlights
- LONG TERM LEASE - There are 11+ years remaining on the initial term of the lease. Which is followed by four, 5-years options.
- CORPORATE GUARANTEE - Maverik - Adventure's FirstStop, acquired Kum & Go in 2023. Together, Maverik and Kum & Go have over 800+ locations, making it the largest independent fuel marketer in the Intermountain West and the 12th largest convenience store operator in the US.
- BONUS DEPRECIATION - Fee simple ownership of a Gas Station provides the landlord the opportunity to use accelerated Bonus depreciation model (seePage 7). Consulting your Accountant or Tax Attorney is advised.
- NO STATE INCOME TAX - There is no corporate or personal state income tax and no sales and use tax on fuel, power, or raw materials used in the manufacturing process.
- RENTAL INCREASES - 7.5% Rental increases every five years during the base term and option periods.
- ZERO LANDLORD RESPONSIBILITY - Absolute Triple Net Lease. There are Zero Management responsibilities, perfect for buyers looking for a “hands-off ”investment.
Attachments
Getting around
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Walk Score ®
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Bike Score ®
Location
- City Cheyenne, WY
- Zip Code 82001
Points of Interest
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Kum & Go
0.01 miles
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King Soopers Fuel
0.19 miles
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Loaf 'N Jug
0.79 miles
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USA
1.01 miles
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Maverik
1.02 miles
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Exxon
1.18 miles
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Walmart
1.23 miles
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Valero
1.43 miles
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Tesla Supercharger
1.94 miles
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Walmart Fuel Center
2.31 miles
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Holy Trinity Parking Lot
1.51 miles
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Laramie County School District 1 administration parking
2.89 miles
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East Parking for Cheyenne City
2.95 miles
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Church Parking
3.10 miles
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Wyoming State Parking Garage
3.15 miles
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City Center Parking
3.18 miles
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State Parking
3.22 miles
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George R. Cox Parking Structure
3.22 miles
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LCCC Lot C
3.71 miles
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LCCC Lot D
3.75 miles
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McDonald's
0.06 miles
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Taco John's
0.07 miles
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Domino's
0.16 miles
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Hong Kong Chinese Restaurant
0.22 miles
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Destination Taiwan
0.42 miles
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Sonic
0.51 miles
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Chick-fil-A
0.60 miles
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Panera Bread
0.70 miles
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Wasabi's
1.15 miles
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Panda Express
1.18 miles
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King Soopers
0.19 miles
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Albertsons
1.08 miles
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Walmart Supercenter
1.27 miles
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Natural Grocers
1.43 miles
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Big Lots
1.56 miles
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TJ Maxx
1.58 miles
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Target
1.69 miles
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Kohl's
1.81 miles
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JCPenney
1.83 miles
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Dillard's
1.89 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Michael Matusik
Prime Net Lease