1819 Highway 40 Vernal, UT 84078

This exceptional investment opportunity presents a single-tenant, absolute NNN leased Pizza Hut property located in Vernal, Utah. Situated on a Walmart Supercenter outparcel at 1819 W Hwy 40, Vernal, UT 84078, this 3,185 square foot building boasts a strong 100% occupancy rate with a remaining lease term of 14.7 years. The property benefits from annual rent increases of 1.50%, ensuring consistent income growth. The current asking price is $1,310,000, translating to a price per square foot of $411.30 and a compelling 6.00% cap rate. The Net Operating Income (NOI) stands at $78,637. This is a one-story building categorized as QSR/Fast Food and Restaurant retail. The investment type is Net Lease, offering a passive income stream with minimal management responsibilities. The property's strategic location on a busy Walmart outparcel guarantees high visibility and consistent customer traffic. This is an ideal opportunity for investors seeking a stable, long-term, and high-return investment in a thriving retail market. The property is classified as a single-tenant investment with a strong national brand tenant.