USAKYWilliamsburg583 W Highway 92 Highway

583 W Highway 92 Highway, Williamsburg, KY

Name: 583 W Highway 92 Highway, For Sale in Williamsburg - Zoocasa
Brand: Kentucky Wide Realty
SKU: 26019346
Price: 1100000 USD

House

For Sale

Listed price in listed location currency (USD).

$1,100,000

0030

MLS® 26019346

Overview

Key Facts

Type Retail

Levels Commercial Sale

Size 1834 sqft

Garage

Taxes

Days Active 0

Lot Size 0.5 Acres

Approx. Age 2003

Avg. Price Per Sqft $599

MLS® Number 26019346

Property Address: 583 W Highway 92 Highway, Williamsburg, KY, 40769

Average square foot calculated using Size range provided by listing agent.

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.

MLS® Number26019346

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age2003

Basement

DrivewayOn Site, Paved, Open

Garage Spaces

HeatOther

A/CCentral Air

Extras

Map

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