Buy Cole Shopping Center
Cheyenne, WY · Demolished · readiness 5 points (location sheet). A deal kit from the public record: what is on file, what is missing, and a form for every step. It is one of the sixty closed or demolished US malls on the Buy desk.
At a glance
| Status | Demolished |
|---|---|
| Address | Cheyenne, WY |
| Site | acres not on file · 350,000 sq ft GLA |
| Owner of record | not on file; see step 2 |
| Flood zone | X |
| Opportunity Zone | no |
| Record | Cole Shopping Center on Retrofit Atlas · JSON · API |
1. Site visit
Before you go: the record page has the photos and sources; satellite and Street View show access, the ring road, the anchor boxes and what the neighbors have become. Then ask the owner for a walk-through, or plan a self-guided drive.
Satellite Street View Sources on the record
What to look at on site
- Access: every curb cut and signal, the ring road, service lanes, who controls the outparcels.
- Structure: anchor boxes (clear height, column grid, roof age), the mall spine, parking decks and their condition.
- Utilities and drainage: detention ponds, transformer yards, sewer capacity signs, stormwater outfalls.
- Neighbors: what the adjacent centres, apartments and offices have become since closure; who is building.
- Signs of the owner: security, leasing signs, special-servicer notices, demolition permits posted.
2. Owner
No owner of record on file. The county assessor publishes it for most US parcels; we look it up and write once to the business address, or you can on the county site.
Recorded owners over time: Frank Maurice Cole; Safeway (2014); Blue Federal Credit Union (2018).
Ask for an introduction to the owner Own or represent this site? Claim it
We write to an owner of record or a strongly matched filer at a published business address, with your name and request, and tell you only if they agree. Not a brokerage; no fee; each note is read by a person before it goes.
3. What could be built (massing)
No massing study on file for this site. What one needs, in order: the parcel polygons (county GIS), the zoning district and its FAR, height, coverage and density rules (the municipal code), then a by-right and an upzone scenario. We have the engine (built for DeKalb County, Georgia) and extend it one county at a time on request.
4. Business plan skeleton
A one-page skeleton with the sourced numbers filled and the assumptions left blank. Copy it into your own document.
BUSINESS PLAN SKELETON: Cole Shopping Center, Cheyenne, WY Drafted 2026-10-22 from the Retrofit Atlas record m-4827c9a3a3 (https://retrofitatlas.org/malls/wy/cheyenne-cole-shopping-center/). Every number below carries its source on that page; lines marked [assumption] are yours to fill. 1. The site Demolished, opened 1954. Acres: [not on file], 350,000 sq ft GLA. Owner of record: [not on file]. Assessed value: [not on file]; annual tax: [not on file]. Last recorded sale: [none on file]. 2. Market (location sheet) Tract 56021000602: population 2,965 Median household income $82,647 Median gross rent $938/mo; renter share 41% County typical home value $390,068 (+16% 5 yr); typical rent $1,529/mo. Units permitted in 5+ unit buildings, county, 2024: 104. Transit: rail within 800 m none; bus stops within 400 m 6. 3. Program [assumption] Use mix: [e.g. 400 homes, 40,000 sq ft retail, 1 anchor box reused for a clinic] Phasing: [e.g. demolish the spine, keep two anchors, build the street grid first] Multifamily screen, points for and against: retrofit already built; closed or demolished site (sourced); county grew 3.0% 2018–23 4. Entitlement Zoning on parcel: [not on file]. Public tool on record: [none on file]. Zoning change on record: [none on file]. Opportunity Zone: no; LIHTC units within 1 km: 0. 5. Risk Flood zone: X; composite hazard risk, tract: Relatively Low. Debt on record: [none on file]. Environmental, structural, title: [Phase I, survey and title commitment to be ordered in due diligence] 6. Precedent (built retrofits in this database) Acadiana Mall (former Selber Bros. site), Lafayette, LA: retail (1991) https://retrofitatlas.org/malls/la/lafayette-acadiana-mall-former-selber-bros-site/ Albee Square Mall, Brooklyn, NY: Redeveloped (2012) https://retrofitatlas.org/malls/ny/brooklyn-albee-square-mall/ Anchor space (formerly Burlington) at Chapel Hills Mall, Colorado Springs, CO: housing https://retrofitatlas.org/malls/co/colorado-springs-anchor-space-formerly-burlington-at-chapel-hills-mall/ Antioch Center Mall, Kansas City, MO: retail (2013) https://retrofitatlas.org/malls/mo/kansas-city-antioch-center-mall/ Arsenal Mall, Watertown, MA: retail, office, hotel, housing (2016) https://retrofitatlas.org/malls/ma/watertown-arsenal-mall/ 7. Capital [assumption] Land: [offer price]; hard and soft costs: [per unit or per sq ft]; sources: [senior debt, equity, public incentives]; exit or hold: [ ] Reported mall sales in this database (public reporting, not appraisals): Layton Hills Mall, UT 2024 $37.1M; Paradise Valley Mall, AZ 2021 $100.0M; Southridge Mall, WI 2026 $7.0M ($472,973/ac); Valley West Mall, IA 2026 $11.0M ($189,655/ac); Northlake Mall, GA 2026 $95.0M ($1.2M/ac). What this database does not have: appraisal-grade comps, rent roll, foot traffic, construction costs. Order them. 8. Team [assumption] Developer, architect, civil, counsel, lender: see section 6 of this kit for names with precedent.
5. Financing
What the record says about who has financed or held this site, and who finances retrofits elsewhere in the database. Introductions go through the desk; we name no lender to you that is not already on the public record.
| Opportunity Zone | no |
|---|---|
| Lenders most often named across the database | COMM 2012-LTRT trust (3), JPMDB 2016-C4 trust (2), U.S. Bank (2), BB-UBS Trust 2012-TFT (2), Banco de San Juan and First Federal Savings (1), Assured Lender Services, Inc. (1) |
6. Architects and developers with precedent
- None on file for this site; the desk looks on request.
- Liberty Property Trust3built
- Hull Property Group2built
- BMW2built
- The Alexander Company2built
- Tom Cousins2built
- None on file for this site; the desk looks on request.
- CetraRuddy1built
- Moed de Armas and Shannon1built
- Ko Architects1built
- Works Partnership Architecture1built
- Dynamik Design1built
Precedent, not a recommendation: these firms are named on built retrofits in this database. The correction form takes additions, with a source.
7. Offer letter
What malls have sold for, from the deal rows in this database since 2015 (public reporting, not appraisals; same state first, then the same Census division). Prices are as reported; an asterisk marks dollars per acre computed from the price and the acreage on file.
Every reported sale with a price: deals and debt. These are whole-property sales of malls in varied condition; they are context for an offer, not a valuation.
Fill the terms; the letter updates as you type. Print it or copy it. Nothing you type is sent to us by the form. If you allowed analytics, session recording with text masking is active on this site and we cannot promise it never captures what is on this page: decline it under Privacy choices in the footer before you enter real prices or names.
The desk button opens an email from your own mail app to desk@retrofitatlas.org. It contains only the record id and the property facts shown (acreage, floor area, parcel numbers), so the desk will know which property you asked about and will see your email address; it does not include your price, terms or the seller's name. The desk checks the record against public county data and replies; it does not verify title, survey or law, and keeps the message only to answer it. The desk does not use your message to pursue the property and shares it with no one. Retrofit Atlas does not act as a broker: it does not negotiate for or represent either side, does not forward offers, and takes no fee on any sale.