Wonderful passive income opportunity with these great commercial condominiums with tenant longevity. Current tenants are Great Clips and Edward Jones. Edward Jones lease runs through 7/31/26 with ~3% escalations. Great Clips lease runs through 11/30/22 and escalates at ~3% annually. Each condominium contains ~1,250 square feet.
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Gillette is located in Wyoming. Gillette, Wyoming has a population of 33,047. Gillette is more family-centric than the surrounding county with 39.08% of the households containing married families with children. The county average for households married with children is 35.99%.
The median household income in Gillette, Wyoming is $83,193. The median household income for the surrounding county is $87,547 compared to the national median of $69,021. The median age of people living in Gillette is 32.3 years.
The average high temperature in July is 86.8 degrees, with an average low temperature in January of 12.9 degrees. The average rainfall is approximately 15.4 inches per year, with 52.6 inches of snow per year.
