$4.50/SF/YR AVAILABLE FOR LEASE: 708 N FEDERAL BLVD RIVERTON, WY COMMERCIAL PROPERTIES 550 N. POPLAR STREET CASPER, WY (307)
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1 COMMERCIAL PROPERTIES 550 N. POPLAR STREET CASPER, WY (307) AVAILABLE FOR LEASE: 708 RIVERTON, WY $4.50/SF/YR
2 TABLE OF CONTENTS FOREST DR EXECUTIVE SUMMARY 3 CITY AERIALS 4 CITY AERIAL 4 PROPERTY LOCATION 5 PROPERTY 6 PROPERTY FEATURES 7 AREA 7 SITE DATA 7 DESCRIPTION OF IMPROVEMENTS 7 ENVIRONMENTAL 8 LEASE PRICE 8 REGIONAL SERVICE 9 RIVERTON 9 WYOMING 9 BROKER ONE COMMERCIAL TEAM 10 RANDALL S. HALL, CCIM 11 DENNIS BAKER, CCIM 11 2
3 EXECUTIVE SUMMARY Large Retail Space For Lease with Immediate Availability! BrokerOne Real Estate is pleased to offer for lease, the commercial building located at 708 N. Federal Blvd. (US Hwy. 26), in Riverton, WY. The subject site, co-anchored with the City of Riverton Municipal Offices, was previously used as a Safeway Supermarket. While originally built in 1977, the space has been renovated and is in good condition. A new roof, with a 15-year warranty, was installed in City of Riverton Municipal Offices Access and visibility are both excellent, with the property being located at the signalized intersection of E. Pershing Ave. and N. Federal Blvd. (US Hwy. 26). Located in the heart of Riverton, this prime location provides an outstanding opportunity for a retail space with maximum exposure! Riverton is a gateway community to Yellowstone National Park and Grand Teton National Park. ADDRESS 708 TOTAL LAND AREA ±3.38 ACRES LOCATION FREMONT COUNTY YEAR(S) BUILT 1977 OFFERED BUILDING AREA ±43,202 SQ FT OFFERED LEASE PRICE $4.50/SF/YR 3
4 CITY AERIAL FOREST DR 4
5 PROPERTY LOCATION WY HERITAGE TRAIL E WEBBWOOD RD PURE GAS RD E PARK AVE W MAIN ST 5
6 PROPERTY FOREST DR 6
7 PROPERTY FEATURES AREA The property is located at 708 N. Federal Blvd. (US Hwy. 26), the main thoroughfare (4-lane with center turn lane) in Riverton, WY. Riverton is a gateway community to Yellowstone National Park and Grand Teton National Park. The subject is in close proximity to several large traffic drivers, including fast food restaurants, several national chain stores, regional banks, a Walmart Supercenter, and various other independent retail businesses. SITE DATA The site is ±3.38 acres (±147,232.8 SF) and currently zoned C-H: Commercial Highway. The topography of the subject property is generally flat. The site has excellent access, with curb cuts along both N. Federal Blvd. and E. Pershing Ave. All public utilities are available, including water and sewer, natural gas, electricity, high-speed internet, cable, and phone. DESCRIPTION OF IMPROVEMENTS ±43,202 SF Freestanding Building ±3.38 Acres (±147,232.8 SF) Pylon Signage Available Outstanding Access, Visibility, and Parking Built in 1977 New Roof in 2015 While originally built in 1977, the façade has been updated and is attractive and well-maintained, and the interior is in good condition. The asphalt parking lot provides ample parking and appears to be in good condition. The owner indicates a new roof was installed with 2015, with a 15-year warranty. The building is located at the signalized intersection of N. Federal Blvd. and E. Pershing Ave., which affords outstanding access and visibility. The City of Riverton s municipal offices are located at the opposite end of the strip, housed in a renovated K-mart space. In between the two anchors, is approximately 9,500 SF of retail space, comprised of 4 local tenants. 7
8 PROPERTY FEATURES ENVIRONMENTAL No representation is made nor implied by BrokerOne Real Estate as to the presence, at any location on the property, of any known hazardous material as defined by the United States Environmental Protection Agency or the Wyoming Department of Environmental Quality. A prospective purchaser should retain the services of independent professionals qualified to render opinions and/or determinations as to the presence of hazardous materials. LEASE PRICE The offered lease price is $4.50/SF/YR. The information contained herein has been obtained from sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. 8
9 REGIONAL SERVICE: RIVERTON & WYOMING RIVERTON Riverton is the largest city in Fremont County, Wyoming. Known as The Rendezvous City, the modern city of Riverton was founded in 1906 and now serves as a hub for residents of west central Wyoming. With everything from national retails to the casinos on the Wind River Reservation, Riverton provides ample opportunities to shop and relax. Riverton s diversified economic base and close proximity to the Wind River Mountains are inviting to tourists and new businesses alike. WYOMING Wyoming leads the nation in coal production (1st), uranium (1st), natural gas (3rd) and crude oil (7th). With over 40% of Americas low-sulphur coal coming from Wyoming mines, the coal industry continues to remain strong, and with export of Wyoming s coal to other nations, coal remains a solid energy source. In addition, Wyoming is also ranked the leader in uranium production. With recent advances in uranium mining (in-situ), Wyoming produced 2.9 million pounds of yellow cake which was processed at surface locations throughout the state in This precious mineral is used throughout the world for energy production. The recent exploration and increased production in the northeast, central, and western parts of Wyoming, has expanded production levels that are projected to continue to rise for many years to come. Wyoming has 22 of the 23 counties producing natural gas and oil. Recorded sales were over 2,000 trillion cubic feet of natural gas in 2013 and 75.6 million barrels of crude oil in In addition there are over 27,300 miles of natural gas, crude oil and other petroleum based product pipelines throughout the state. Population of Riverton.. Number of Households. 12,598 4,963 Median Household Income.. $45,473 9
10 BROKER ONE COMMERCIAL TEAM The BrokerOne Real Estate Commercial Team, led by Randall S. Hall, CCIM, has ranked #1 in Total Sales Volume by the Wyoming Business Report for 10 of the past 11 years and #1 in Total Sales Volume Per Agent for 11 years, straight! With almost 45 years of combined commercial sales and leasing experience, our team has the knowledge and commitment to meet your commercial real estate needs. 10
11 BROKER ONE COMMERCIAL TEAM 31+ Years Commercial Experience Large Referral Network Dedicated, Diversified & Knowledgeable 12+ Years Real Estate Experience 26 Years Commercial Banking Committed, Detailed & Client Oriented RANDALL S. HALL, CCIM Principle Broker Randy Hall has represented or facilitated transactions with an extraordinary number of national and regional companies. He is a full-time commercial broker experienced in almost every aspect of commercial and investment real estate brokerage and holds the highly-respected designation of Certified Commercial Investment Member (CCIM) from the CCIM Institute. Randy is past president of the Wyoming Association of REALTORS, past member of Casper Planning & Zoning and current member of the Wyoming Real Estate Commission. DENNIS BAKER, CCIM Associate Broker Experience counts. With over 12+ years of real estate experience, Dennis Baker brings unique expertise, proficiency and insight to BrokerOne. He is a seasoned expert in commercial real estate and real estate lending practices. His keen knowledge and understanding about cash flow analysis, loan structures and debt analysis have proven invaluable to clients during negotiations. Dennis is dedicated to building strong and lasting relationships in the real estate industry and the community. 11
FOR SALE OR LEASE 1960 N FEDERAL BLVD RIVERTON, WY COMMERCIAL PROPERTIES 550 N. POPLAR STREET CASPER, WY (307)
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