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Take 5 Oil Change

$2,558,702

404 South Greeley Highway, Cheyenne, WY 82007

Active
Last Updated: 02/12/2026

1,738 sqft

Building Size

0.75 acres

Lot Area

Details:
Building Size:    1,738 sqft
Lot Area:    0.75 acres
Occupancy:    100%
Year Built:    2025
Highlights:
  • Brand New 20-Year Absolute NNN Lease with 2% annual rent increases throughout the initial term and four 5-year renewal options.
  • Zero Landlord Responsibilities: the tenant is responsible for all taxes, insurance, utilities, and maintenance, including roof and structure.
  • Strategic High-Traffic Location: Situated on South Greeley Highway, a primary commercial artery in Cheyenne, surrounded by national retail anchors and dense residential neighborhoods.
  • Reciprocal Easement Agreement (REA): Benefits from non-exclusive perpetual easements for access and maintenance with adjacent parcels.
Description:

TREK Investment Group is pleased to offer for sale Take 5 Oil Change in Cheyenne, WY. This newly constructed property is secured by a 20-year Absolute NNN lease featuring 2% annual rent increases throughout the initial term and four 5-year renewal options, providing long-term income growth and stability and backed by a strong national automotive service brand. The investment offers truly passive ownership with zero landlord responsibilities, as the tenant is responsible for all taxes, insurance, utilities, and maintenance, including roof and structure. Strategically located along South Greeley Highway which serves as one of Cheyenne’s primary commercial corridors, the site benefits from high traffic exposure, proximity to national retail anchors, and dense surrounding residential neighborhoods. Additionally, the property is enhanced by a Reciprocal Easement Agreement (REA), granting non-exclusive perpetual easements for access and maintenance with adjacent parcels, further strengthening the site’s functionality and long-term value.

Located on the high plains of southeast Wyoming, Cheyenne is the state’s capital and the seat of Laramie County. It serves as a major northern anchor of the Front Range Urban Corridor. While maintaining its historic "Old West" charm, it is the most populous city in Wyoming and continues to see steady growth due to its strategic position at the intersection of I-25 and I-80.

Cheyenne’s economy is a robust mix of government, military, and private industry. As the state capital, public administration is a primary employer, complemented by a massive logistics sector, retail trade, and a rapidly expanding energy and technology footprint.

Often called the "Data Center Capital of the Mountain West," Cheyenne has attracted billions in tech investment. The city’s cool, dry climate and reliable power grid make it ideal for massive server farms. This high concentration of digital infrastructure has transformed the local economy into a high-tech frontier.

The city is a strategic base for global giants and vital government installations. Key players include Microsoft, Meta, Walmart (Distribution), Black Hills Energy, and F.E. Warren Air Force Base. It is also a critical hub for Union Pacific Railroad, the company that founded the city.

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