Marcus & Millichap is pleased to present a 16,853-square foot, multi-tenant shopping center, located in Rock Springs, Wyoming. This 100 percent occupied property boasts strong historical occupancy. The center consists of national and regional tenants including Goodwill and EZ Cash. The subject property is located on Foothill Boulevard, a major artery on the west end of Rock Springs with easy access to Interstate 80. Located across from the subject property is the White Mountain Mall, a 327,000-square foot mall with regional anchors of Harley Davidson Motorcycles, Jo-Ann Fabric and Craft, Famous Footwear and Herberger’s Department Store; in addition to a 10-screen Star Stadium movie theatre. This is the main retail trade area for the city of Rock Springs, also including: Walmart, Home Depot, Dollar Tree, Kmart, Whisler Chevrolet Cadillac, GNC, Applebee’s, KFC, Taco Bell, Burger King and McDonald’s. Rock Springs is in Sweetwater County, Wyoming and is the principal city of the Rock Springs metropolitan statistical area. Rock Springs is known as the home of 56 nationalities as a result of the influx of immigrants from all over the world that come to work in the coal mines that supplied the fuel to power the steam engines of the Union Pacific Railroad. Sales Info: ■ Cap rate: 8.65% ■ NOI: $154,859 Location Description: The subject property is located on Foothill Boulevard, a major artery on the west end of Rock Springs with easy access to Interstate 80. Highlights: ■ 100 Percent Leased, Goodwill (3,000 Plus Locations) Anchored Shopping Center | Located in the Heart of Rock Springs, Wyoming | Low Cost per Square Foot $111.26 ■ Attractive Asset in a Strong Retail Corridor; Property is Across from White Mountain Mall (327,000 Square Feet) ■ Surrounded by National Retailers: Walmart, Home Depot, Harley Davidson, Kmart, Herberger's and More ■ Excellent Visibility, Curb Appeal, Access and Street Frontage | One Block off Interstate 80 (190,000 Cars per Day) ■ Strong Traffic Counts of 19,220 Cars per Day ■ Extremely Affluent with Average Household Income of $90,000 Within a One-Mile Radius « show less
Marcus & Millichap is pleased to present a 16,853-square foot, multi-tenant shopping center, located in Rock Springs, Wyoming. This 100 percent... show more »
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