FOR SALE OR LEASE 1960 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) N FEDERAL BLVD RIVERTON, WY FOR SALE OR LEASE

2 N FEDERAL BLVD N FEDERAL BLVD TABLE OF CONTENTS E WEBBWOOD RD SUBJECT E WEBBWOOD RD EXECUTIVE SUMMARY 3 CITY AERIALS 4 CITY AERIAL 4 PROPERTY LOCATION 5 PROPERTY 6 PROPERTY FEATURES 7 SUBJECT AREA 7 SITE DATA 7 DESCRIPTION OF IMPROVEMENTS 7 ENVIRONMENTAL 8 PURCHASE/LEASE PRICE 8 DEMISING POTENTIAL 9 SITE SURVEY 10 PROPERTY PHOTOS 11 REGIONAL SERVICE 18 RIVERTON 18 WYOMING 18 BROKER ONE COMMERCIAL TEAM 19 RANDALL S. HALL, CCIM 20 DENNIS BAKER, ASSOCIATE BROKER 20 2

3 N FEDERAL BLVD N FEDERAL BLVD EXECUTIVE SUMMARY Freestanding Retail Building For Sale or Lease with Immediate Availability! BrokerOne Real Estate is pleased to offer for sale or lease, the commercial building located at 1960 N. Federal Blvd. (US Hwy. 26), in Riverton, WY. The subject building was constructed in 2006, as a community retail center. The ±94,919 SF building sits on ±8.75 acres (±381,150 SF). Amenities include a large showroom, office space, and a warehouse with 2 overhead doors and loading dock. The property also has the potential for pylon signage. Adjacent to Riverton s largest retail store, this site provides an outstanding redevelopment opportunity! E WEBBWOOD RD SUBJECT E WEBBWOOD RD The structure may also be divisible into 2 or more spaces. ADDRESS 1960 N FEDERAL BLVD TOTAL LAND AREA ±8.75 ACRES LOCATION FREMONT COUNTY YEAR(S) BUILT 2006 TOTAL BUILDING AREA ±94,919 SQ FT OFFERED SALE PRICE $4,270,000 3

4 N FEDERAL BLVD N FEDERAL BLVD CITY AERIAL SUBJECT SUBJECT E WEBBWOOD RD E WEBBWOOD RD 4

5 N FEDERAL BLVD N FEDERAL BLVD PROPERTY LOCATION WY HERITAGE TRAIL SUBJECT E WEBBWOOD RD E WEBBWOOD RD PURE GAS RD E SUNSET DR E SUNSET DR 5

6 N FEDERAL BLVD N FEDERAL BLVD PROPERTY SUBJECT E WEBBWOOD RD E WEBBWOOD RD 6

7 PROPERTY FEATURES SUBJECT AREA The property is located at 1960 North 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 a Walmart Supercenter, fast food restaurants, national chain hotels, regional banks, and various other independent retail businesses. SITE DATA The site is ±8.75 acres (±381,150 SF) and currently zoned C-H: Commercial Highway. The topography of the subject property is generally flat. There are two access to the site from North Federal Blvd., along the eastern boundary of the property, as well as an easement access to the north through several commercial properties. All public utilities are available, including water and sewer, natural gas, electricity, high-speed internet, cable, and phone. DESCRIPTION OF IMPROVEMENTS ±94,919 SF Freestanding Building ±8.75 Acres (±381,150 SF) Built in 2006 Pylon Signage Available Outstanding Access, Visibility, and Parking 3-Phase 480/277 Power Built in 2006, as a now-closed K-Mart, this commercial building has outstanding access, visibility, and ample lighted customer parking. The building features a large showroom, office space, warehouse space with loading dock and two (2) overhead doors, and a fenced in area that once served as the store s Garden Shop. Overall, the property is in good condition. 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. PURCHASE/LEASE PRICE The offered purchase price is $4,270,000 ($45/SF). The site is also available for lease at $5.50/SF. Please contact Listing Agent for more information regarding leasing options. 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 DEMISING POTENTIAL 9

10 SITE SURVEY 10

11 PROPERTY PHOTOS 11

12 PROPERTY PHOTOS 12

13 PROPERTY PHOTOS 13

14 PROPERTY PHOTOS 14

15 PROPERTY PHOTOS 15

16 PROPERTY PHOTOS 16

17 PROPERTY PHOTOS 17

18 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 18

19 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. 19

20 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. 20