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20 Wilkins Peak Dr

13,648 SF Industrial Building Rock Springs, WY 82901 $3,341,763 CAD ($245 CAD/SF) 9% Cap Rate

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.

Data Room Click Here to Access

Property Facts

Price $3,341,763 CAD
Price Per SF $245 CAD
Sale Type Investment NNN
Cap Rate 9%
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 1.01 AC
Rentable Building Area 13,648 SF
No. Stories 1
Year Built 2008
Tenancy Single
Parking Ratio 2.2/1,000 SF
No. Drive In / Grade-Level Doors 7

Amenities

  • Yard

Utilities

  • Gas - Natural
  • Water - City
  • Sewer
  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-1805-07-3-02-013.00
Land Assessment
$12,857 CAD
Improvements Assessment
$111,229 CAD
Total Assessment
$124,086 CAD

zoning

Zoning Code Industrial
Industrial
  • Listing ID: 31372099

  • Date on Market: 2024-03-30

  • Last Updated:

  • Address: 20 Wilkins Peak Dr, Rock Springs, WY 82901

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