20 Wilkins Peak Dr
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20 Wilkins Peak Dr
13,648 SF Industrial Building Rock Springs, WY 82901 £1,844,669 (£135/SF) 9% Net Initial Yield
Investment Highlights
- Absolute NNN Lease
- 3.0% annual rent increases
- High quality 13,648 square-foot building
- 18-year term remaining
- 7.3% cap rate9
- Paved and fenced yard
Executive Summary
APEX Real Estate is pleased to present a single-tenant Absolute NNN lease investment opportunity in Rock Springs, Wyoming. The property is occupied by WYUTEX Energy Service and is located at 20 Wilkins Peak Drive. WYUTEX Energy Service is an oilfield service company. With multiple offices in the heart of the oilfield, WYUTEX Energy Service works closely with the companies that it does business with. This ensures that the goals and satisfaction of the companies that it works with are being met while at the same time maintaining the quality and safety of the work that WYUTEX Energy Service performs for them. WYUTEX Energy Service provides Well Site Construction as well as Oil Well and Gas Well Maintenance services in various regions of the United States.
The 1.01-acre site consists of a high-quality 13,648 square-foot building built in 2008 that has approximately 1,648 square feet of office space which includes a conference room, reception area, two offices, storage room, and half bathroom. The building has over 10,000 square feet of heated warehouse space. Some features include a floor drain, wash bay, seven (7) - 14' doors, a 1,648 square foot mezzanine area with lockers, and a paved and fenced yard. There are currently eighteen (18) years remaining on the lease plus two (2), 5-year options to renew. The lease includes 3.0% annual increases.
This is an excellent opportunity to acquire a high-quality constructed industrial building with a strong tenant which services the oil and natural gas industry. The location is well situated with easy access to Interstate 80.
Buyer and buyer’s agent to verify all information.
The 1.01-acre site consists of a high-quality 13,648 square-foot building built in 2008 that has approximately 1,648 square feet of office space which includes a conference room, reception area, two offices, storage room, and half bathroom. The building has over 10,000 square feet of heated warehouse space. Some features include a floor drain, wash bay, seven (7) - 14' doors, a 1,648 square foot mezzanine area with lockers, and a paved and fenced yard. There are currently eighteen (18) years remaining on the lease plus two (2), 5-year options to renew. The lease includes 3.0% annual increases.
This is an excellent opportunity to acquire a high-quality constructed industrial building with a strong tenant which services the oil and natural gas industry. The location is well situated with easy access to Interstate 80.
Buyer and buyer’s agent to verify all information.
The 1.01-acre site consists of a high-quality 13,648 square-foot building built in 2008 that has approximately 1,648 square feet of office space which includes a conference room, reception area, two offices, storage room, and half bathroom. The building has over 10,000 square feet of heated warehouse space. Some features include a floor drain, wash bay, seven (7) - 14' doors, a 1,648 square foot mezzanine area with lockers, and a paved and fenced yard. There are currently eighteen (18) years remaining on the lease plus two (2), 5-year options to renew. The lease includes 3.0% annual increases.
This is an excellent opportunity to acquire a high-quality constructed industrial building with a strong tenant which services the oil and natural gas industry. The location is well situated with easy access to Interstate 80.
Buyer and buyer’s agent to verify all information.
The 1.01-acre site consists of a high-quality 13,648 square-foot building built in 2008 that has approximately 1,648 square feet of office space which includes a conference room, reception area, two offices, storage room, and half bathroom. The building has over 10,000 square feet of heated warehouse space. Some features include a floor drain, wash bay, seven (7) - 14' doors, a 1,648 square foot mezzanine area with lockers, and a paved and fenced yard. There are currently eighteen (18) years remaining on the lease plus two (2), 5-year options to renew. The lease includes 3.0% annual increases.
This is an excellent opportunity to acquire a high-quality constructed industrial building with a strong tenant which services the oil and natural gas industry. The location is well situated with easy access to Interstate 80.
Buyer and buyer’s agent to verify all information.
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Property Facts
Price | £1,844,669 | Lot Size | 1.01 AC |
Price Per SF | £135 | Rentable Building Area | 13,648 SF |
Sale Type | Investment NNN | Number of Floors | 1 |
Net Initial Yield | 9% | Year Built | 2008 |
Property Type | Industrial | Tenancy | Single |
Property Subtype | Warehouse | Parking Ratio | 2.2/1,000 SF |
Building Class | B | Level Access Doors | 7 |
Price | £1,844,669 |
Price Per SF | £135 |
Sale Type | Investment NNN |
Net Initial Yield | 9% |
Property Type | Industrial |
Property Subtype | Warehouse |
Building Class | B |
Lot Size | 1.01 AC |
Rentable Building Area | 13,648 SF |
Number of Floors | 1 |
Year Built | 2008 |
Tenancy | Single |
Parking Ratio | 2.2/1,000 SF |
Level Access Doors | 7 |
Amenities
- Yard
Utilities
- Gas - Natural
- Water - City
- Sewer
- Heating - Gas
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PROPERTY TAXES
Parcel Number | 04-1805-07-3-02-013.00 | Improvements Assessment | £61,699 |
Land Assessment | £7,132 | Total Assessment | £68,831 |
PROPERTY TAXES
Parcel Number
04-1805-07-3-02-013.00
Land Assessment
£7,132
Improvements Assessment
£61,699
Total Assessment
£68,831
zoning
Zoning Code | Industrial |
Industrial |
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20 Wilkins Peak Dr
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