Wheatland, WY - Aim High Equipment Rentals

Description:

• The tenant, Aim High Equipment Rental, has over 12 years remaining on their initial lease, with 3 (5-year) options to extend
• The lease features rental increases of (i) 2%, or (ii) 1.25 times the change in the Price Index throughout the initial term and options thereafter, growing NOI and hedging against inflation

• The subject property is ideally located in a dense retail corridor, with numerous nearby national/credit tenants including Safeway, Dollar General, O’Reilly Auto Parts, Family Dollar, Ace Hardware, and many more
• Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site
• Furthermore, the site is in close proximity to Platte County Memorial Hospital (25 beds), Wheatland Middle School (185 students), and Wheatland High School (271 students), further increasing consumer traffic to the trade area