Maverik Gas Station - Cheyenne WY 140 Gardenia Dr

Bang Realty, as exclusive investment sales advisor to seller, is pleased to offer the rare opportunity to acquire a Maverik ground lease in the heart of Cheyenne, WY.
The property consists of a 4,282 SF convenience store and 10 fuel pumps constructed in 2010 on a highly visible 1.33 AC corner lot. The site is ideally situated a ½ mile from I-25, a major Interstate Highway serving as the main route through New Mexico, Colorado, and Wyoming. The tenant, Maverik, Inc., has just under 17.5 years remaining on an extremely rare 25-year primary term
with ten 5-year renewal options. The lease features 7% rental increases every 5 years throughout the primary term and all renewal options. Maverik is a leading adventure-themed, bestin-class convenience store brand with more than 800 locations across 20 states and growing; making it the largest independent fuel marketer in the Intermountain West. Focused on education, local hunger and affordable housing, Maverik stated that the chain is dedicated to giving back to areas where it operates. In
2023, Maverik donated more than $2.6 million to 30 charities across Maverik’s footprint (together with newly acquired Kum & Go stores in 20 states).
Maverik is known for its premium BonFire food, made fresh in every Maverik, every day. Maverik sells exclusive products such as fresh-made gourmet burritos, sandwiches, pizzas, cookies and coffee blends from around the world. The highest-ranked c-store rewards program in the country by Newsweek, Maverik’s Adventure Club loyalty program offers exceptional value on fuel, food, drinks, snacks and much more. Maverik was also ranked No. 1 Best Gas Station for Food by USA Today in 2023.