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583 W Highway 92 Highway, Williamsburg, KY 40769

$1,100,000
  • 583 W Highway 92 Highway, Williamsburg, KY 40769 Main Photo

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New to the Market Active
SQUARE FEET1,834 MLS#26019346
STATUS PROPERTY TYPECommercial - Business

Property Description

NNN Investment Opportunity - Strong Returns & Established Operator This exceptional triple net (NNN) investment offers reliable, passive income with $8,000 per month in rental income secured through September 30, 2028. The current tenant has expressed a desire to renew the lease upon expiration, providing investors with the potential for continued long-term occupancy. Featuring an attractive 8.7% cap rate, this property is an outstanding opportunity for investors seeking dependable cash flow with minimal management responsibilities. The tenant owns the franchise and is an experienced operator who has successfully operated this location since 2003. In addition, the tenant owns 12 other Huddle House restaurants throughout Southeast Kentucky, demonstrating financial strength, operational expertise, and a long-term commitment to the market. Strategically located in a thriving university community, the property benefits from excellent visibility and consistent traffic. Nearby demand drivers include Walmart, Kentucky Splash Water Park, a popular gaming destination, and convenient access to Interstate 75, all of which contribute to the property's strong and consistent performance. With a true NNN lease, the tenant is responsible for property taxes, insurance, and maintenance, allowing ownership to enjoy a truly passive investment with minimal landlord responsibilities. Don't miss this opportunity to acquire a high-performing, low-maintenance investment property backed by an established operator with a proven history of success and the potential for continued long-term tenancy.

583 W Highway 92 Highway | MLS# 26019346

This commercial property located at 583 W Highway 92 Highway, Williamsburg, KY 40769 is currently listed for sale with an asking price of $1,100,000. Search Williamsburg real estate on daniel.salliedavidson.com today.

Property Features

Property Type: Commercial - Business
Cooling: Central Air
Heating: Other
Lot Size: 0.50 Acres
Year Built: 2003

Feature Descriptions

Business Type: Commercial, Food & Beverage, Restaurant
Days on Site: 3
Lot Dimensions: 0.500 acre(s)
Parcel #: 111-20-00-021.04
Parking Notes: On Site, Paved, Open
Tenant Pays: Common Area Maintenance, Electricity, Exterior Maintenance, Gas, Other, Sewer, Trash Collection, Water, Insurance, Interior Maintenance, Taxes

Listed By / Shown By

Listed By

Agency Name: Kentucky Wide Realty

Shown By

Agent Name: Daniel Carmack
Agent Phone: (606) 524-7894
Agency Title: SALLIE DAVIDSON, REALTORS

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