3281 WY-89

Evanston 82930

Property Type: Industrial

Property Features

  • Price: $3,500,000
  • Total Lot Size: 6 AC
  • Building Size: 48,152 SF
  • Year Built: 1982

Property 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 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 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.

List Price: $3,500,000
Address: 3281 WY-89, Evanston,Wyoming

Kody Watts

Co-Owner and Co-Founder


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