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Property profile & analytics
OFF-MARKET
Turn key restaurants

104 Hart St Buffalo, WY 82834-1705

3,701 SF 0.69 ac lot Built 1977
Entity Owned 19-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US95-0200263
Property summary
AI-generated overview

This exceptional investment opportunity presents a Hardee's restaurant in Buffalo, Wyoming, an income tax-free state. The property boasts a 3,701 square foot building situated on a 0.69-acre lot, operating under an absolute NNN lease with over 7 years (until December 31, 2031) remaining, eliminating all landlord responsibilities. The lease includes a 10% rent increase every five years, ensuring consistent income growth. Currently operating at 100% occupancy, the property generates a substantial net operating income (NOI) of $60,976, representing a compelling 6.50% capitalization rate. The asking price is $938,092, translating to $253.47 per square foot. This prime location is less than half a mile from Interstate 25, experiencing over 9,000 vehicles daily, and is surrounded by strong complementary businesses including Ace Hardware, Family Dollar, and several hotels. Proximity to local attractions like the Jim Gatchell Memorial Museum and Buffalo Golf Course further enhances its appeal. This is a rare opportunity to acquire a well-established, low-maintenance, high-performing QSR investment in a desirable location. The property's strong tenant, favorable lease terms, and strategic location make it an attractive addition to any investment portfolio.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1977
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,701 SF
Lot 0.69 ac (30,000 SF)
APN R0003173
UPID US95-0200263
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Hardee's Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Big Sky Land Co LLC · 19 yrs held
Big Sky Land Co LLC
since 2006
1 recorded transaction
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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