1300 Poplar St Casper, WY 82601
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High-yield Pizza Hut investment opportunity.
Property size:
1,550 SFProperty Features for 1300 Poplar St
General Information
- Property type
- Restaurants
- Square Feet
- 1,550 SF
- Lot Size
- 31,363 SF
Building Details
- Year Built
- 1996
- Buildings
- 1
- Stories
- 1
Listing Agency: Coldwell Banker | The Property Exchange Listing Agent: Ben Trautwein
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a single-tenant, absolute NNN leased Pizza Hut located at 1300 S Poplar St, Casper, WY 82601. The property boasts 1,550 square feet on a 0.72-acre lot, built in 1996 and currently operating at 100% occupancy. The franchisee tenant enjoys excellent visibility and access from a signalized, hard corner intersection, further enhanced by its proximity to other national credit tenants. The lease features a remaining term of 15 years with attractive 1.50% annual rent bumps, ensuring consistent income growth. The current asking price is $1,618,000, representing a price per square foot of $1,043.87 and a compelling 6.50% cap rate. The property generates a strong net operating income (NOI) of $105,162. This is a rare opportunity to acquire a well-established, passively managed investment in a desirable location within Natrona County, Wyoming. The property consists of a single, one-story building, offering a straightforward and low-maintenance investment. This is an ideal addition to any diversified real estate portfolio seeking stable, long-term returns.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Pizza Hut
Take-out & Catering
Location Insight
- Map
- Local Demand
- City
- Casper
- County
- Natrona
- State
- Wyoming
- Longitude
- -106.3374464
- Latitude
- 42.8371323
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FAQs
What type of property is this?
Restaurant - High-yield Pizza Hut investment opportunity.
Where is this restaurant located?
The property is located at 1300 Poplar St Casper, WY.
What is the asking price?
The asking price for this property is $1,618,000.
What are key features of this property?
This property features: High visibility and excellent accessibility.; Strong co-tenancy with national credit tenants.; Located on a signalized, hard corner intersection.
