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MULTI-TENANT | OWNER-USER | 45,152 SF | 3281 State Highway 89 N
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MULTI-TENANT | OWNER-USER | 45,152 SF 3281 State Highway 89 N
45,152 SF Industrial Building Evanston, WY 82930 $5,062,750 CAD ($112 CAD/SF)
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INVESTMENT HIGHLIGHTS
- Located in a Federal Opportunity Zone
- 0.5 miles from an Electrical Substation
- 10 Units with Private Offices and Bathrooms
- 1 Hour Drive from Salt Lake City
EXECUTIVE SUMMARY
***Seller Financing Available.***
Peak Collective Real Estate with KW Commercial is pleased to present an owner-user or investment industrial park in Evanston, WY, which is a remarkable opportunity for those looking to expand their business operations. Fantastic value add opportunity with under-market rents. 9,000 SF available immediately for owner-user, along with most tenants on a month-to-month basis. Also, tenants are currently not being charged for yard space. Extra buildings could be built on access land. The industrial park comprises 9 separate units with a total of 45,152 square feet on a large 6-AC lot. About 0.5 miles from an electrical substation, and only about an hour's drive from Salt Lake City, UT. Located in a federal opportunity zone.
Market rent proforma is $6/SF/NNN with potential net operating income (based on market lease rates) at $288,924. Seller financing loan amount would be $3,150,000 with a down payment of $350,000. Interest rate 7%. The loan amortization period of 20 years. Payment would be $24,422.
Peak Collective Real Estate with KW Commercial is pleased to present an owner-user or investment industrial park in Evanston, WY, which is a remarkable opportunity for those looking to expand their business operations. Fantastic value add opportunity with under-market rents. 9,000 SF available immediately for owner-user, along with most tenants on a month-to-month basis. Also, tenants are currently not being charged for yard space. Extra buildings could be built on access land. The industrial park comprises 9 separate units with a total of 45,152 square feet on a large 6-AC lot. About 0.5 miles from an electrical substation, and only about an hour's drive from Salt Lake City, UT. Located in a federal opportunity zone.
Market rent proforma is $6/SF/NNN with potential net operating income (based on market lease rates) at $288,924. Seller financing loan amount would be $3,150,000 with a down payment of $350,000. Interest rate 7%. The loan amortization period of 20 years. Payment would be $24,422.
DATA ROOM Click Here to Access
- Operating and Financials
PROPERTY FACTS
Price | $5,062,750 CAD | Rentable Building Area | 45,152 SF |
Price Per SF | $112 CAD | No. Stories | 1 |
Sale Type | Investment or Owner User | Year Built | 1982 |
Property Type | Industrial | No. Drive In / Grade-Level Doors | 10 |
Property Subtype | Warehouse | Opportunity Zone |
Yes
|
Lot Size | 6.00 AC |
Price | $5,062,750 CAD |
Price Per SF | $112 CAD |
Sale Type | Investment or Owner User |
Property Type | Industrial |
Property Subtype | Warehouse |
Lot Size | 6.00 AC |
Rentable Building Area | 45,152 SF |
No. Stories | 1 |
Year Built | 1982 |
No. Drive In / Grade-Level Doors | 10 |
Opportunity Zone |
Yes |
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PROPERTY TAXES
Parcel Number | R0002628 | Improvements Assessment | $80,245 CAD |
Land Assessment | $4,758 CAD | Total Assessment | $85,003 CAD |
PROPERTY TAXES
Parcel Number
R0002628
Land Assessment
$4,758 CAD
Improvements Assessment
$80,245 CAD
Total Assessment
$85,003 CAD
ZONING
Zoning Code | Industrial |
Industrial |
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MULTI-TENANT | OWNER-USER | 45,152 SF | 3281 State Highway 89 N
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