COMMERCIAL PROPERTIES 550 N. POPLAR STREET CASPER, WY 82601 (307) 234-2385 349 N. WALSH DR. CASPER, WY 82609 FOR LEASE: $11/SF/YR
N WALSH DR TABLE OF CONTENTS PROVENCE CT N WALSH DR E YELLOWSTONE HWY SUBJECT 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 PRICE 8 FLOORPLAN 9 PROPERTY PHOTOS 10 REGIONAL SERVICE 15 CASPER 15 WYOMING 16 BROKER ONE COMMERCIAL TEAM 17 RANDALL S. HALL, CCIM 18 DENNIS BAKER, ASSOCIATE BROKER 18 2
N WALSH DR EXECUTIVE SUMMARY E YELLOWSTONE HWY Office Building For Lease with Immediate Availability! BrokerOne Real Estate is pleased to offer for lease, the office building located at 349 N. Walsh Dr., in Casper, WY. The subject, built in 1974 as a partial two-story concrete block building, has a total of ±6009 SF: approximately 4,329 SF on the main level and approximately 1,680 SF on the 2nd level. The main level consists of nine (9) offices, one (1) conference room, a kitchenette, two (2) restrooms, and one (1) custodial closet. The second floor has additional office space, as well as a restroom and storage, but would need updating, if used. PROVENCE CT N WALSH DR SUBJECT The building shares a large parking lot with surrounding uses, so there appears to be ample parking. Parking lot snow removal is provided by the owner. Located just south of East Yellowstone Hwy. (US Hwy. 20/26), under the I-25 overpass, the offices are located on North Walsh Drive, as part of the NOWCAP complex. ADDRESS 349 N. WALSH DR. TOTAL LAND AREA N/A LOCATION NATRONA COUNTY YEAR(S) BUILT 1974 TOTAL BUILDING AREA ±6,009 SQ FT OFFERED LEASE PRICE $11/SF/YR ($3,968/MO) 3
N WALSH DR CITY AERIAL E YELLOWSTONE HWY N WALSH DR PROVENCE CT SUBJECT SUBJECT 4
BRYAN STOCK TRAIL CURTIS ST N WALSH DR N BEVERLY ST PROPERTY LOCATION E YELLOWSTONE HWY E YELLOWSTONE HWY SUBJECT E 2ND ST E 2ND ST E 2ND ST SE WYOMING BLVD 5
CURTIS ST SE WYOMING BLVD N WALSH DR PROPERTY E YELLOWSTONE HWY PROVENCE CT SUBJECT N FOREST DR LEGION LN 6
PROPERTY FEATURES SUBJECT AREA The property is located just south (approx. 0.2 mile) of E. Yellowstone Hwy. (US Hwy. 20/26), under the I-25 overpass, and approximately 0.3 mile north of E. 2nd Street, on North Walsh Drive. Surrounding land uses include the NOWCAP offices, a US Post Office, and a variety of commercial and retail business, including restaurants, retail stores, and auto body shops. SITE DATA The subject building is one of a six building complex, situated on ±8.21 acres (±357,627.6 SF) and currently zoned C4: Highway Business. The topography of the subject property is generally flat. All public utilities are available, including water and sewer, natural gas, electricity, high-speed internet, cable, and phone. DESCRIPTION OF IMPROVEMENTS ±6,009 SF Total Building Size Ample Off-Street Parking ±4,329 SF Main Level ±1,680 SF Second Level Zoned C-4: Highway Business Nine (9) Offices One (1) Conference Room Kitchenette The subject, a partial two-story concrete block building, originally constructed in 1974, is approximately 6,009 SF. The condition of the main level is above average, but the second level is slightly below average and would need updating, if used. The office building offers nine (9) offices, one (1) conference room, a kitchenette, two (2) restrooms, and one (1) custodial closet. Parking lot snow removal is provided by the owner, but all other building-specific costs, such as utilities and janitorial, will be the responsibility of the Tenant. 7
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 $11.00/SF/Yr. ($3,968/Mo. Charged only for the main level space of 4,329 SF). 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
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PROPERTY PHOTOS 10
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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 Through Wyoming s only International Airport Via enhanced freight routes along I-25 Superior rail yard, routes and service on BNSF 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 Square Miles (Natrona County).. 5,369 Elevation (City of Casper) 5,125 ft. With a new trans-load facility Via unsurpassed telecommunications capabilities 15
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. 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, 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 2014. 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 16
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. 17
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. 18