Description
Luker Realty is pleased to offer for sale 7190 Derrick Drive in Natrona County, Wyoming. The property consists of 13,603 square feet of office and shop space on 1.18 acres of light industrial zoned land with a legal description of WESTGATE PK III LOT 5. The property is triple net leased to Altitude Energy Partners, LLC through September of 2028. Going in cap rate is 7.9% with net operating income of $149,633. Rent is $11/SF/YR NNN with annual 3% increases averaging an 8.4% return over the 60 month term.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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13,603SQFT
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$129$/SQFT
School Ratings & Info
Description
Luker Realty is pleased to offer for sale 7190 Derrick Drive in Natrona County, Wyoming. The property consists of 13,603 square feet of office and shop space on 1.18 acres of light industrial zoned land with a legal description of WESTGATE PK III LOT 5. The property is triple net leased to Altitude Energy Partners, LLC through September of 2028. Going in cap rate is 7.9% with net operating income of $149,633. Rent is $11/SF/YR NNN with annual 3% increases averaging an 8.4% return over the 60 month term.
Disclaimer: Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The data relating to real estate on this web site comes in part from the Wyoming MLS Internet Data Exchange Program. Real estate listings held by brokerage firms other than the listing office named are marked with the Wyoming MLS IDX logo and detailed information about them includes the name of the listing broker. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2023-12-01T00:27:02.203.