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583 W Highway 92 1,834 SF Retail Building Williamsburg, KY 40769 $1,100,000 ($599.78/SF) 8.70% Cap Rate



Investment Highlights
- Triple net (NNN) lease structure places responsibility for property taxes, insurance, and maintenance on the tenant, supporting passive ownership.
- Experienced franchise operator has successfully occupied and operated at this location since 2003.
- Property generates $8,000 per month in rental income under a lease term extending through September 30, 2028.
Executive Summary
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.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,834 SF
Year Built
2003
Price
$1,100,000
Price Per SF
$599.78
Cap Rate
8.70%
NOI
$95,700
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.50 AC
Opportunity Zone
Yes
Zoning
commercial
Parking
16 Spaces (8.72 Spaces per 1,000 SF Leased)
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
1 of 7
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Contact the Sale Advisor
583 W Highway 92

