About This Home
This 0-bedroom, 0-bathroom commercial at 583 W Highway 92 in Williamsburg, KY is listed for $1,100,000 ($600 per sqft). Built in 2003, the home offers 1,834 sqft of living space on a 0.50 acres lot.
Key Features
- Built in 2003
- 0.50 acre lot
- 30 parking spaces
Property Details
Amenities
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.
Monthly Cost Estimate
$5,883/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
583 W Highway 92
Williamsburg, KY 40769
Property Details
Parking
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 583 W Highway 92 is listed at $1,100,000 ($600/sqft). The estimated monthly payment is $5,883 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 2003, 0.50 acre lot, 30 parking spaces.
This property is listed by Brenda Lawson and can be reached at 6062244343.