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    1300 S Poplar St Casper, WY 82601

    For Sale
    $1,949,046

    Single-tenant Pizza Hut with a new 20-year lease.

    Property size:
    1,557 SF
    Lot size:
    0.42 Acres

    Property Features for 1300 S Poplar St

    General Information

    Size
    1,557 SF
    Lot size
    0.42 Acres

    Source: Current Real Estate Advisors Agent Alejandro Snyder

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Pizza Hut Investment Opportunity

    This property presents an opportunity to acquire a single-tenant retail asset leased to Pizza Hut in Casper, WY. The freestanding building is approximately 1,557 square feet and is situated on a 0.72-acre parcel. A new 20-year absolute NNN lease will commence at the close of escrow with the existing operator, offering a passive investment with zero landlord responsibilities. The lease includes 2% annual increases beginning in Year 7, and four 5-year renewal options. The property is prominently positioned on a signalized hard corner, providing excellent visibility, strong traffic counts, and multiple points of ingress and egress. It is strategically located in a vibrant neighborhood, surrounded by established national brands and adjacent to a thriving residential area. This property offers a stable, management-free asset backed by a globally recognized brand, with a long-term lease structure.
    Insight Report Location Intelligence

    Current Use by Public Records

    Pizza Hut Pizza Delivery

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Casper
    County
    Natrona
    State
    Wyoming
    Longitude
    -106.33737
    Latitude
    42.836879

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    FAQs

    What type of property is this?
    Drive through restaurant - Single-tenant Pizza Hut with a new 20-year lease.
    Where is this drive through restaurant located?
    The property is located at 1300 S Poplar St Casper, WY.
    What is the asking price?
    The asking price for this property is $1,949,046.
    What are key features of this property?
    This property features: - Absolute NNN lease provides a passive investment.; - New 20-year lease commencing at close of escrow.; - Leased to Pizza Hut, a globally recognized brand.
    (305) 783-8890
    Request Owner's contact information
    1300 S Poplar St Casper, WY 82601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1300 S Poplar St Casper, WY 82601
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