338 Washington St Afton, WY 83110-5106
This exceptional investment opportunity presents a single-tenant, absolute NNN leased Pizza Hut located at 338 Washington St, Afton, Wyoming 83110. The property boasts a strong 7.00% cap rate and a substantial net operating income (NOI) of $75,550. Built in 2011, this 1,894 square foot building sits on a 0.3-acre lot and is currently operating at 100% occupancy. The lease features a franchisee tenant with a remaining term of 14.7 years, providing long-term stability and predictable cash flow. Annual rent increases of 1.50% are built into the lease, ensuring consistent growth in rental income. The property benefits from limited competition in the immediate area, further enhancing its investment appeal. The asking price is $1,079,000, translating to a price per square foot of $569.69. This is a one-story building, representing a secure and low-maintenance investment in a well-established national brand. The property's location in Afton, Wyoming offers a stable market with consistent demand. This is a rare opportunity to acquire a high-performing, passively managed investment property with significant long-term potential.
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
No recorded transactions found for this property.
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.