1502 Progress Ct

Description:

For sale: a 5,843 sq. ft. commercial property at 1502 Progress Ct, Wheatland, Wyoming, delivering a strong 8% cap rate. This single-story building has been occupied by the USDA, a highly credit-worthy tenant, since 2005, ensuring consistent cash flow for over two decade. The USDA tenant serves the Southeast Wyoming region, providing critical support to Wyoming ranches in areas like food, agriculture, natural resources, rural development, and nutrition‹”supporting farmers, ensuring food safety, and promoting agricultural trade. This well-maintained property features 13 distinct areas and a versatile layout designed for efficiency. Oak finishes throughout and a functional kitchenette with modern appliances and oak cabinetry add practical value. Ample storage keeps operations streamlined, while updated restroom facilities enhance functionality for the tenant's staff and visitors. Strategically located in Wheatland, this property offers excellent visibility and accessibility, supporting the USDA's long-term presence. The generous square footage and thoughtful design have proven ideal for the tenant's needs, contributing to its stability and low vacancy risk. With a reliable federal tenant in place and a robust 8% cap rate, this property is a cash-flowing asset ready for investment. Its condition reflects consistent upkeep, making it a low-maintenance opportunity in a stable market. Secure your stake in this income-generating property today.

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