Shopping Strip

Smith Shadow Anchor Retail

900 Camel Dr, Gillette, WY 82716

Listing Price: $3,960,000

Cap Rate
8.00%
Gross SF
34,990
Rentable SF
34,990
Price/Gross SF
$113.18
Lot Size
3.29 acres
Year Built
1979

Investment Overview

The Camel Plaza property is located on a busy street in Gillette, WY near the intersection of Camel Drive and Douglas Highway. Located within the residential/retail district of Gillette, Camel Plaza serves the entire community and those in surrounding towns. The subject property shares the parking lot with a recently remodeled Smiths Food and Drug, and a brand new McDonalds. Starbucks and Campbell County High School also share the road with Camel Plaza. The building has a strong tenant base consisting of Amazon-proof concepts with 2+ years left on most of the leases. There are presently two vacancies making Camel Plaza a great value-add opportunity.

Investment Highlights

  • Very Close to Local High School
  • Shadow Anchored to Brand New Smiths & McDonalds
  • Strong Traffic Counts Over 22,000/ day
  • Great Value Add Opportunity
  • Amazon Proof Tenants

Exclusively Listed By

  • Andrew Helm

    Associate

    Email Andrew

    License(s): UT: 11180765-SA00

    Salt Lake City

Broker of Record

  • Neville Rustomjee

    First Vice President Investments

    License(s): WY: RE-13688

    Wyoming

Shopping Strip

Smith Shadow Anchor Retail

Listing Price: $3,960,000

Cap Rate
8.00%
Gross SF
34,990
Rentable SF
34,990
Price/Gross SF
$113.18
Lot Size
3.29 acres
Year Built
1979

Investment Highlights

  • Very Close to Local High School
  • Shadow Anchored to Brand New Smiths & McDonalds
  • Strong Traffic Counts Over 22,000/ day
  • Great Value Add Opportunity
  • Amazon Proof Tenants

Investment Overview

The Camel Plaza property is located on a busy street in Gillette, WY near the intersection of Camel Drive and Douglas Highway. Located within the residential/retail district of Gillette, Camel Plaza serves the entire community and those in surrounding towns. The subject property shares the parking lot with a recently remodeled Smiths Food and Drug, and a brand new McDonalds. Starbucks and Campbell County High School also share the road with Camel Plaza. The building has a strong tenant base consisting of Amazon-proof concepts with 2+ years left on most of the leases. There are presently two vacancies making Camel Plaza a great value-add opportunity.

Exclusively Listed By

  • Andrew Helm

    Associate

    Email Andrew

    License(s): UT: 11180765-SA00

    Salt Lake City

Broker of Record

  • Neville Rustomjee

    First Vice President Investments

    License(s): WY: RE-13688

    Wyoming

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