Skip to main content

Office Vacant-User

2468 Jackson St

2468 Jackson St, Cheyenne, WY 82009

Listing Price: $2,250,000

Gross SF
36,902
Rentable SF
36,902
Price/Gross SF
$60.97
Lot Size
3.31 acres
Year Built
1991

Investment Overview

The Kramer Group of Marcus and Millichap is pleased to present 2468 Jackson St, a 36,902 rentable square foot office and industrial property located in Laramie, Wyoming. The property is currently vacant and was previously occupied by the US Forest Service. It meets all the specifications required for a government-leased property and could immediately be leased to a new government tenant or a traditional office/industrial tenant. The industrial section of the deal also offers outdoor space.

Originally constructed in 1991, the building sits right off Highway 230, one of the 6 major roads into Laramie. Jackson Street is a thriving retail corridor, featuring several dozen businesses and a population of over 35,000 people within a 5-mile radius. Overall,

Laramie has seen a sharp drop in office vacancy over the past several years, which will allow an investor to leverage the lack of supply in the market to negotiate landlord-favorable leases.

Investment Highlights

  • Projected 16.4% Cap Rate After Lease-up
  • Includes Roughly 15,000 Square Feet of Yard Space, 151 Parking Spaces
  • Low-Vacancy Market

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s) WY: RE-16571

    Wyoming

Financing By

Office Vacant-User

2468 Jackson St

Listing Price: $2,250,000

Gross SF
36,902
Rentable SF
36,902
Price/Gross SF
$60.97
Lot Size
3.31 acres
Year Built
1991

Investment Highlights

  • Projected 16.4% Cap Rate After Lease-up
  • Includes Roughly 15,000 Square Feet of Yard Space, 151 Parking Spaces
  • Low-Vacancy Market

Investment Overview

The Kramer Group of Marcus and Millichap is pleased to present 2468 Jackson St, a 36,902 rentable square foot office and industrial property located in Laramie, Wyoming. The property is currently vacant and was previously occupied by the US Forest Service. It meets all the specifications required for a government-leased property and could immediately be leased to a new government tenant or a traditional office/industrial tenant. The industrial section of the deal also offers outdoor space. Originally constructed in 1991, the building sits right off Highway 230, one of the 6 major roads into Laramie. Jackson Street is a thriving retail corridor, featuring several dozen businesses and a population of over 35,000 people within a 5-mile radius. Overall, Laramie has seen a sharp drop in office vacancy over the past several years, which will allow an investor to leverage the lack of supply in the market to negotiate landlord-favorable leases.

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s): WY: RE-16571

    Wyoming

Financing By

MM Texture Background
MM Textured Background Lower