802 Seneca Ave Newcastle, WY 82701-2803

This exceptional investment opportunity presents a single-tenant, absolute NNN leased Pizza Hut located at 802 S Seneca Ave, Newcastle, WY 82701. The property boasts a prime location directly off U.S. Highway 16, ensuring excellent visibility and accessibility for customers. Built in 1981, this 0.55-acre site features a single-story, 100% occupied building. The current lease agreement with Pizza Hut has 14.7 years remaining, providing long-term stability and predictable cash flow. The lease includes annual rent bumps of 1.50%, offering built-in protection against inflation. The property generates a substantial net operating income (NOI) of $68,788, resulting in an attractive 6.50% cap rate. The asking price is $1,058,273. This is a rare opportunity to acquire a well-established, high-performing QSR/Fast Food property in a desirable location with significant upside potential. The property's strong tenant, long lease term, and prime location make it an ideal addition to any investment portfolio. The absolute NNN lease structure minimizes landlord responsibilities, further enhancing the investment's appeal.