Pizza Hut 1300 S Poplar St 1,557 SF Retail Building Casper, WY 82601 $1,810,000 ($1,162.49/SF) 7% Cap Rate

Coldwell Banker Commercial is pleased to present the opportunity to acquire a high-quality, single-tenant retail asset leased to Pizza Hut and located in Casper, WY (the “Property”). This ±1,557 square foot freestanding building is situated on a spacious 0.72-acre parcel and is secured by an Absolute NNN lease, offering investors a truly passive investment with zero landlord responsibilities.
At the close of escrow, a new 20-year lease will commence with the existing operator, including 2% annual increases (beginning in Year 7) and 4, 5-Year renewal options – underscoring the tenant’s long-term commitment to the site. Prominently positioned on a signalized hard corner, the Property enjoys excellent visibility, strong traffic counts, and multiple points of ingress and egress. It is strategically integrated into a vibrant neighborhood, surrounded by established national brands and adjacent to a thriving residential area.
This offering represents an exceptional opportunity to acquire a stable, management-free asset backed by a globally recognized brand, with strong real estate fundamentals and a long-term lease structure designed to deliver durable income and reliable appreciation.
Global Brand + Proven Operator - Pizza Hut, a globally recognized brand and subsidiary of Yum! Brands (NYSE: YUM), manages 20,000+ locations worldwide, with this location operated by Grand Mere Restaurant Group, a highly regarded and experienced franchisee with a portfolio of 150+ Pizza Huts across multiple states, reflecting operational strength and stability
Effortless Income Stream - This Absolute NNN lease requires no landlord responsibilities and boasts 20 years of term along with annual bumps and 4, 5-Year options, offering investors a dependable and secure income stream with passive, hands-off management
Community Mainstay - Positioned within a vibrant and growing residential community and surrounded by a mix of national and destination retailers, the Property enjoys a strategic location well-suited for its current tenancy, within an area undergoing notable demographic growth and revitalization, further enhancing the long-term viability and appeal of this asset