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Property profile & analytics
OFF-MARKET
Turn key restaurants

1300 Poplar St Casper, WY 82601-3542

1,520 SF 0.45 ac lot Built 1996
Entity Owned Absentee Owner Free & Clear
Property ID
US95-0045389
Property summary
AI-generated 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
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1996
Total area 1,520 SF
Lot 0.45 ac (19,500 SF)
APN 3379-08-42-3-00100
UPID US95-0045389
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
  • Pizza Hut Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Gmrg Acq 1 LLC
Gmrg Acq 1 LLC
since 2026
7 recorded transactions
2026
Price N/A
2024
Price N/A
2020
Price N/A
2019
Price N/A
2019
Price N/A
2007
Price N/A
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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