Investment Overview

Marcus & Millichap is pleased to bring to market 50 Shoshone Avenue, a fully occupied, multi-tenant office building located in Green River, WY. The 4,748 rentable square foot building is leased to three different tenants: the Mine Health and Safety Administration (50% of RSF), First American Title (25% of RSF), and Mindy Tollefson (25% of RSF). Mine Health and Safety currently have four years remaining on their lease, which includes a CPI-tied operating cost reimbursement. First American and Mindy Tollefson both recently executed lease renewals on their respective spaces for five years each. Both of their leases include 3% annual bumps. This property presents an ideal opportunity for a cashflow-minded investor looking for credit tenants. The Mine Safety and Health Administration (MSHA) is an agency of the United States Department of Labor which administers the provisions of the Federal Mine Safety and Health Act of 1977 to enforce compliance with mandatory safety and health standards. First American Title is a publicly traded title insurance company, and Mindy Tollefson operates a professional counseling services business.