545 Shoshoni St Thermopolis, WY 82443-3209
This exceptional investment opportunity presents a single-tenant, absolute NNN leased Pizza Hut located at 545 Shoshoni St, Thermopolis, WY 82443. The property boasts a prime location on a hard corner intersection, ensuring high visibility and accessibility. Built in 2015, this 2,887 square foot building sits on a 0.45-acre lot and is currently operating at 100% occupancy. The lease features a remaining term of 14.7 years with attractive 1.50% annual rent increases, providing consistent and predictable cash flow. The current asking price is $1,094,000, representing a compelling price per square foot of $378.94 and a 7.00% cap rate. The property's strong Net Operating Income (NOI) of $76,583 further underscores its financial stability and potential for long-term growth. This is a rare opportunity to acquire a well-established, nationally branded restaurant in a desirable location with significant remaining lease term and built-in rent escalations. The single-story building offers a straightforward and easily managed investment. This property is an ideal addition to any diversified commercial real estate portfolio seeking stable, passive income.
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Pizza Hut 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
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.