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505 N Center St
Casper, WY 82601

$3,356,308 USD

Industrial For Sale  •  30,950 SF

Property Details

  • Property Type Industrial
  • Total Building Size 30,950 SF
  • Lot Size 2.56 AC
  • Year Built 1982
  • Cap Rate 8.75 %
  • Tenancy Single
30 Walk Score

Highlights

Recently Extended Lease - Quality Brands executed a lease amendment effective February 15, 2026, extending the lease through January 31, 2032.
Established Regional Tenant - Quality Brands is a family-owned beverage distributor operating a multi-state distribution network across Nebraska, Sout
Operationally Important Facility - The property is used for wholesale beverage distribution and includes warehouse, office and cold-storage functional
Modified-Net Lease Structure - The tenant pays real estate taxes directly, pays for insurance, contracts for utilities where possible, maintains most
Attractive Going-In Yield - The offering is priced at an 8.75% capitalization rate based on the underwritten NOI of $293,677.
Central Casper Location - The property is located near downtown Casper with access to the city's primary commercial and transportation corridors,

Property Flyers

Cap Rate: 8.75 %

Public Transportation

AirportDriveWalkDistance
Casper/Natrona County International 14 min - 9.3 mi
Lew Goldman 208-867-0189 Goldman | Ryden Real Estate Investment Services
Lew Goldman 208-867-0189 Goldman | Ryden Real Estate Investment Services