545 Shoshoni StThermopolis, WY 82443

For Sale
$1,094,000

Profitable Pizza Hut, 14+ years remaining.

Overview

Added:
Dec 11, 2024
Days on market:
92
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.

Highlights

  • High-visibility corner location.
  • 14+ years remaining on the lease.
  • Annual rent escalations.

Property Details for 545 Shoshoni St

Property type
Other retail properties, Restaurants
Square Feet
2,887 SF
Year Built
2015
Buildings
1
Stories
1
Lot Size (sq. ft)
19,602 SF

Location Insight

City
Thermopolis
County
Hot Springs
State
Wyoming
Latitude
43.6380651
Longitude
-108.211782
545 Shoshoni St, Thermopolis, Wyoming

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545 Shoshoni St
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