3281 Wy-89, Evanston, Wyoming

MLS ID: 20231527

Status: Active

Price: $3,500,000

Type: Industrial

Address: 3281 Wy-89

City, State: Evanston, WY

County: Uinta County

ZIP Code: 82930

Lat/Long: 41.30766, -110.992332

Description

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 10 separate units with a total of 45,152 SF 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 is available! The 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.

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Diane McMillin

Cody, Wyoming

(307) 202-0660

Interested? Contact Us Today About This Listing

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Listed By: Kody Watts of Keller Williams Realty Western Trails - (801) 809-0914