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514 E Pershing Ave - Family Dollar/Lincare Center (Corp. Leases)
14,703 SF Retail Building Offered at $750,000 at a 8.25% Cap Rate in Riverton, WY
- Shopping Center Anchored By Family Dollar and Lincare (Corporate Guarantees)
- Located Near McDonald's, Walgreens, Wells Fargo (Branch has $78M+ in Deposits)
- Large Lot with Excellent Frontage Along Pershing Avenue and One Block from North Federal Ave ($14M in Recent Upgrades)
- Remodeled/Expanded in 2005 and 2010
- Family Dollar Extended Lease in 2015 for Additional 5 Years and Has Options to Extend
- In 2017 LinCare Extended Lease 2-Years and Added Options to Extend
|Sale Type||Investment||Lot Size||1.22 AC|
|Cap Rate||8.25%||Gross Leasable Area||14,703 SF|
|Sale Conditions||Investment Triple Net||No. Stories||1|
|Property Type||Retail||Year Built||1982|
|Parking Ratio||2.92/1,000 SF|
NNN Tenant Information
|Tenant||SF Occupied||Lease End Date|
|Family Dollar||9,000||June 2020|
|Collection Street||Cross Street||Traffic Vol||Year||Distance|
|Gas Hills Rd||Riverton Oil Field Rd, S||1,284||2018||2.25 mi|
|US Hwy 26||Haymaker Rd, N||8,588||2018||2.37 mi|
|Gas Hills Rd||Sand Draw Rd, W||241||2018||2.93 mi|
|Sand Draw Rd||Gas Hills Rd, NW||730||2018||5.22 mi|
|17 Mile Rd||Left Hand Ditch Rd, W||1,352||2018||5.26 mi|
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