104 Hart St Buffalo, WY 82834-1705
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.
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Hardee's Restaurant Take-out & Catering
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.