Current cap rate at 8.47% and due to increase $500/yr. Current lease is set until 2022. Amazing opportunity to own this 5387 sqft building with ample parking. Business is within the REDI (Real Estate Diversity Initiative) Plan for 64-acre Sheridan corridor. Be a part of this change that will only open up opportunities working hand in hand with the assembled south Sheridan Steering Committee. The property has excellent vehicle traffic and visibility (An average total of 34,750 vehicles pass through Sheridan/Evans per day based on a report from NARRPR in 2016). Liquor license negotiable.
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