COMMERCIAL PROPERTIES 550 N. POPLAR STREET CASPER, WY (307) N POPLAR ST CASPER, WY FOR LEASE BROKER1REALESTATE.
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1 COMMERCIAL PROPERTIES 550 N. POPLAR STREET CASPER, WY (307) N POPLAR ST CASPER, WY FOR LEASE
2 TABLE OF CONTENTS EXECUTIVE SUMMARY 3 PROPERTY FEATURES 4 SUBJECT AREA 4 DESCRIPTION OF IMPROVEMENTS 4 LEASE PRICE 5 CITY AERIALS 6 CITY AERIAL 6 PROPERTY LOCATION 7 PROPERTY 8 FLOORPLANS/SITE PLAN 9 PROPERTY PHOTOS 13 REGIONAL SERVICE 23 CASPER 23 WYOMING 24 CASPER MAPS 25 DRIVE TIME 25 SIGNIFICANT RETAIL 26 DINING 27 BROKER ONE COMMERCIAL TEAM 28 RANDALL S. HALL, CCIM 29 DENNIS BAKER, CCIM 29 2
3 EXECUTIVE SUMMARY Class A Executive Office Suites Available for Lease Executive office space is now available for lease in the iconic Casper office building, 550 North Poplar. The efficient floor plans in this well-maintained facility, ranging from ±3,100 to ±11,000 SF, are ideal for a variety of business needs. The facility was completely remodeled in 2008 and offers modern, designer-decorated common spaces, continuous window lines for abundant natural light, and ample parking for employees and clients. ENGLISH AVE Strategically located near the intersection of Poplar Street and I- 25, 550 North Poplar offers high visibility and easy access to Casper s busy downtown area, Airport, numerous hotels, restaurants, and the Casper Events Center. The professional, responsive, stable and well-capitalized ownership is conveniently located on-site. ADDRESS LOCATION TOTAL AVAILABLE AREA FLOOR(S) AVAILABLE 550 N. POPLAR ST. NATRONA COUNTY ±11,000 SQ. FT. MAIN FLOOR & 2ND FLOOR YEAR(S) BUILT OFFERED LEASE RATE CONTACT LISTING AGENT CIRCLE DR N POPLAR ST 3
4 PROPERTY FEATURES SUBJECT AREA This exceptional property is located on Poplar Street (WY Hwy. 220) just 1 block from the I-25, and only.6 mile from US Hwy. 20/26. The easily accessible location is in an area characterized by mixed uses of general commercial, professional office buildings, restaurants, and hotels. The site is less than 1 mile from Casper s Central Business District and about 1 mile south of the Casper Events Center and the National Historic Trails Center. There are 10 hotels and 15 restaurants within 1 mile of the subject. The City of Casper monitors periodic traffic volumes throughout Casper for street planning, as well as traffic and accident forecasting. The vehicles-per-day volumes around the site are consistently among the highest in Casper: Poplar Street North of English Avenue 23,588 21,221 15,850 Poplar Street South of English Avenue (Directly In Front of Subject) 20,516 20,050 16,412 Poplar Street Under I-25 16,901 16,032 DESCRIPTION OF IMPROVEMENTS PROPERTY HIGHLIGHTS Executive Office Space in Iconic Class A Office Building Modern, Designer-Decorated Lobby and Common Space Continuous Window Lines for Abundant Natural Light Completely Remodeled in High Traffic Location with Ample Walk-In Visitors Central Business District, Hotels and Restaurants Nearby Large Conference Rooms with Magnetic Walls Individual Offices & Cubicles, Plus Collaborative Office Space Floor-to-Ceiling Glass Office Partitions Kitchen Areas with Stainless Steel Appliances Spacious Restrooms with High-End Finishes 74 Non-Exclusive Parking Spaces The ±23,384 sq. ft. subject was originally constructed in The building has two stories with a full garden-level basement, front canopy, and entrance atrium. In 2008, the building underwent extensive remodeling to include: two (2) new Carrier 25-ton condensing units and a 7.5-ton unit on the roof; three (3) new high-efficiency boilers and piping; all new steel-framed windows with low-e glass; new electrical, security, and data wiring; new plumbing; and a new rear stair tower providing access to all floors. The building is ADA compliant, including the elevator. 4
5 PROPERTY FEATURES DESCRIPTION OF IMPROVEMENTS Continued The restrooms feature high-end finishes with ceramic or glass tile, Neo-Metro and Toto fixtures. The interior finishes include 2 x2 ceiling grid with drop-in tiles, extensive floor-to-ceiling glass office partitions, high-end carpeting tiles, and Centiva vinyl tile in the atrium and entry. The space is wired throughout for LAN, high-speed internet, and VoIP telephony. The lobby features a 10½-ft. wide gas fireplace and beautiful Robert Kuster blown-glass chandelier. Exterior and interior doors have electronic locks for added safety and security. Each floor has 3 stairwells: one in the center and two on each end. Currently, the 3,124 RSF main level office suite has 5 individual offices, space for individual cubicles, a large conference room, and a coffee/work area with stainless steel appliances. There are 2 office suites available on the 2nd Floor: Suite A with 3,273 RSF, and Suite B with 4,575 RSF. Suite A has a reception desk with sitting area, glass enclosed conference room with beverage center and TV, 2 cubicles, and 7 individuals offices. Two of the individuals offices are large enough to serve as conference rooms or be divided into multiple offices. Suite A also has a small kitchenette and work area. Suite B has a small sitting area, glass enclosed conference room with TV, 10 offices, a conference room, and large kitchenette/work area with ample counter and storage space. LEASE PRICE Please contact Listing Agent for more information regarding lease rates. 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. 5
6 CITY AERIAL ENGLISH AVE SUBJECT CIRCLE DR N POPLAR ST 6
7 PROPERTY LOCATION 7 COLLINS DR N CENTER ST SUBJECT BYP BYP W 1ST ST N POPLAR ST ENGLISH AVE N POPLAR ST W YELLOWSTONE HWY
8 8 NORTH PLATTE RIVER W F ST N POPLAR ST 3 2 PROPERTY TRAFFIC COUNTS 1-16, , ,516 N GLENN RD ENGLISH AVE SUBJECT N FOSTER RD CIRCLE DR N POPLAR ST
9 FLOORPLAN - MAIN FLOOR 9
10 USABLE/RENTABLE SPACE - MAIN FLOOR 10
11 USABLE/RENTABLE SPACE - 2ND FLOOR 11
12 SITE PLAN 12
13 PROPERTY PHOTOS 13
14 PROPERTY PHOTOS 14
15 PROPERTY PHOTOS 15
16 PROPERTY PHOTOS 16
17 PROPERTY PHOTOS 17
18 PROPERTY PHOTOS 18
19 PROPERTY PHOTOS 19
20 PROPERTY PHOTOS 20
21 PROPERTY PHOTOS 21
22 PROPERTY PHOTOS 22
23 REGIONAL SERVICE: CASPER CASPER Casper, Wyoming is one of the most outstanding communities in the Rocky Mountain region. Casper has the amenities of a metro area with the convenience and accessibility of a smaller community. As the 2nd largest metropolitan area in Wyoming, and located within Natrona County, Casper has diverse outdoor recreation opportunities within a 20 minute drive and the best variety of indoor recreation within a 10 minute drive. From downhill skiing to Broadway shows, Casper offers it all. Casper cradles a broad industry base built around natural resources and expanding to manufacturers who desire low overhead with a central western presence. Available business parks offer locations that put business close to suppliers, customers and transportation hubs. The Casper economy continues to thrive. Companies are opening new facilities in the Casper area, while established industries are expanding; creating new jobs, infusing new capital and solidifying their investments. Casper s strategic location allows superb access to companies worldwide: The ability to get goods and services to more markets makes Casper businesses more efficient and more profitable. As one of the fastest growing economic centers in the western United States, it is known for its probusiness attitude, and pro-industry growth. Its location and business community drives the need for FedEx and UPS to service a regional hub out of the Casper/Natrona County International Airport. In the last 10 years, Casper has been experiencing a huge economic boom and its economy has continued to grow despite the national economic downturn. Forbes Magazine rated Casper, Wyoming (July 2014) as one of the Best Small Places for Business and Careers, with a median household income of $54,237, Unemployment 3.7%, and Cost of Living 5.0% below national average. The development of coal and uranium fields in recent decades has helped Casper continue its role as a center in the energy industry. Casper s 2015 median household income is $55,074, while the average household income is $71,481. Through Wyoming s only International Airport Via enhanced freight routes along I-25 Superior rail yard, routes and service on BNSF With a new trans-load facility Via unsurpassed telecommunications capabilities Square Miles (Natrona County).. Elevation (City of Casper) 5,369 5,125 ft. 23
24 REGIONAL SERVICE: CASPER & WYOMING CASPER LIFESTYLE Casper, Wyoming has something for everyone, offering all the advantages of a bigger city and serving as a central hub for Wyoming. Casper is rich in the arts with several theater groups, the Wyoming Symphony Orchestra, concerts, festivals, and museums. The Casper community is very proud to include the National Historic Trails Interpretive Center as one of its major attractions. The Interpretive Center displays exhibits of the pioneer days on the Oregon, California, Mormon and Pony Express Trails. The Casper Events Center, with a seating capacity of 10,000, is another major attraction that offers many entertainment opportunities. Casper is host to the College National Finals Rodeo in June, concerts, off Broadway plays, and a plethora of other family entertainment at the Events Center. Casper is also a wonderful place for indoor and outdoor sports. The Three Crowns golf course is a new 18-hole championship course a terrific addition to Casper's existing three golf courses. Casper also has spectator sports including the Casper Ghosts baseball team and the Wyoming Cavalry National Indoor Football League. Outdoor recreation on the North Platte River offers fishing, rafting, and kayaking. Several lakes are just a short distance away for boating, swimming, fishing, and camping. Winter skiing & snowboarding are enjoyed on Casper Mountain. Casper's central location has made the city a focal point for regional, financial, retail, and medical services. 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. 24
25 CASPER MAP - DRIVE TIME 25
26 CASPER MAP - SIGNIFICANT RETAIL 26
27 CASPER MAP - DINING 27
28 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. 28
29 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. 29
FOR LEASE: $11/SF/YR 349 N. WALSH DR. CASPER, WY COMMERCIAL PROPERTIES 550 N. POPLAR STREET CASPER, WY (307)
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