583 W Highway 92 - Restaurant FOR SALE


Williamsburg, KY 40769
$1,100,000 USD
606-224-4343
583 W Highway 92, Williamsburg, KY for Sale
$1,100,000 USD
Restaurant - FOR SALE
1/7
null | 8.7% Cap Rate

583 W Highway 92
Williamsburg, KY 40769


HIGHLIGHTS

  • Triple net (NNN) lease structure places responsibility for property taxes, insurance, and maintenance on the tenant, supporting passive ownership.
  • Property generates $8,000 per month in rental income under a lease term extending through September 30, 2028.
  • Experienced franchise operator has successfully occupied and operated at this location since 2003.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$600 USD /SF

CAP RATE

8.7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

commercial

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Brenda LawsonKentucky Wide RealtyMore Info
606-224-4343

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Brenda LawsonKentucky Wide RealtyMore Info
606-224-4343

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.