Kum & Go Listing Details & Market Data

Cheyenne is the capital and most populous city in Wyoming. It is the principal city of the Cheyenne MSA which encompasses all of Laramie County and has about 100,000 residents. Local residents named the town for the Cheyenne Native American people in 1867 when it was founded in the Dakota Territory. Located just 90 miles north of Denver, Cheyenne sits as the northern anchor of the Front Range of the Rocky Mountains and is surrounded by some of the nation’s most beloved monuments. South Dakota’s Mt. Rushmore and Black Hills, Colorado’s Rocky Mountain National Park and Wyoming’s own Devils Tower, Yellowstone National Park and Grand Teton National Park are all within a day’s drive of the city. Cheyenne’s economy is based mainly on light manufacturing, agriculture, the military and government, tourism, services, and transportation. Cattle- and sheep-raising continue to be important in the region, yet the economy of Cheyenne has become diversified with the development of industries such as fertilizer processing plants. Other manufacturing includes electronic products and precision instruments as well as restaurant equipment. At present, Greater Cheyenne’s economy is rooted in government operations - most notably, F.E. Warren Air Force Base and State of Wyoming operations. These institutions are directly responsible for thousands of jobs and indirectly support thousands more in the area, making a huge impact on the community. The Wyoming Business Council recently recommended the approval of $4.3 million in grant monies to support acquisition costs and infrastructure provision for a large, mixed-use development near the base which would, in part, provide housing for military families. Advancing this project and others like it that will help improve the stock of affordable housing is an important component of the community’s strategy to support base operations. Major private sector employers include United Medical Center, Union Pacific Railroad, Lowe’s Companies, Inc., Sierra Trading Post, Echo Star Communications, Frontier Refining, WalMart, Little America, Hitching Post Inn, and Life Care Cheyenne. With access to two railroads, to interstate freeways, and to commercial air service, the city is a vital transportation center for the state of Wyoming. The Cheyenne MSA ranks 7th out of 390 metropolitan areas around the country in terms of the percentage of adults with “middle skills” educational attainment. Middle skills typically refers to those occupations requiring some education between a high school diploma and a four-year degree (certificate, two-year degree, or other industry training or credentials). With an abundant middle skills workforce and a high capacity training partner in Laramie County Community College, the Cheyenne area can compete for certain smaller operations that demand middle skills in a labor shed of similar size to the Cheyenne area. LOW OR NO TAX STATE - There is no corporate or personal state income tax and no sales and use tax on fuel, power, or raw materials used in the manufacturing process. Goods in transit or manufactured or assembled and sold outside the state are exempt from tax, and the tax on gasoline and diesel fuel is among the lowest in the country. The state offers a variety of loan, grant, and bond programs available to new, expanding, and relocating businesses.