583 W Highway 92 Highway, Williamsburg, KY 40769
New Listing
$1,100,000
Property Type:
Commercial Sale
Square Footage:
1,834
Lot Size (sq. ft.):
21,780
Status:
Active
Current Price:
$1,100,000
List Date:
7/21/2026
Last Modified:
7/21/2026
Overview
Description
...
(Read more)
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.
Listing Details MLS# 26019346
Listing Information
- Comp Sale YN
- No
- Property Sub Type
- Retail
Status Change Information
- Status Change Timestamp
- 2026-07-21
Address
- County
- Whitley
- Street Number
- 583
- Street Direction Prefix
- W
- Street Name
- Highway 92
- Street Suffix
- Highway
- State
- KY
- Zip Code
- 40769
- Zip +4
- 1684
- Parcel Number
- 111-20-00-021.04
Contract
- Original List Price
- 1100000
- Start Showing Date
- 2026-07-21
- Listing Contract Date
- 2026-07-21
- Listing Agreement
- Exclusive Right To Sell
- Owner Name
- COMMERCIAL
- Occupant Type
- Tenant
- Office Exclusive YN
- No
- List Price/SqFt
- 599.78
Tax Legal
- MLS Area Major
- 068 - Whitley County
Interior
- Living Area
- 1834
- Living Area Units
- Square Feet
- Building Area Total
- 1834
- Building Area Source
- Appraiser
- Building Area Units
- Square Feet
More Information
Parking Information
- Parking Total
- 30
Building
- Year Built
- 2003
- Accessibility Features YN
- Yes
Lot
- Lot Size Acres
- 0.5
- Lot Size Square Feet
- 21780
Utilities
- Cooling YN
- Yes
- Heating YN
- Yes
Remarks
- Public Remarks
- 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.
Showing Information
- Showing Instructions
- Call listing agent before showing. 606-224-4343. Do not let the workers know it is for sale.
Tax & Legal
- Tax Rate
- 1.058
- Zoning
- C
- Directions
- From Interstate 75 S. toward Williamsburg, Kentucky. Take exit 11 toward Highway 92. Turn left on Highway 92. Then right at Walmart. Huddle house will be on your left.
Cooling
- Central Air
- Yes
Heating
- Other
- Yes
Listing Terms
- 1031 Exchange
- Yes
- Cash
- Yes
- Conventional
- Yes
Parking Features
- On Site
- Yes
- Open
- Yes
- Paved
- Yes
Possession
- Close Of Escrow
- Yes
Business Type
- Commercial
- Yes
- Food & Beverage
- Yes
- Restaurant
- Yes
Existing Lease Type
- NNN
- Yes
Sale Includes
- Building(s)
- Yes
- Equipment
- Yes
- Fixtures
- Yes
- Furniture
- Yes
- Land
- Yes
- Leases
- Yes
- Other
- Yes
Tenant Pays
- Common Area Maintenance
- Yes
- Electricity
- Yes
- Exterior Maintenance
- Yes
- Gas
- Yes
- Insurance
- Yes
- Interior Maintenance
- Yes
- Sewer
- Yes
- Taxes
- Yes
- Trash Collection
- Yes
- Water
- Yes
- Other
- Yes
Showing Requirements
- Call Listing Agent
- Yes
- No Sign
- Yes
Property Features
Business Type:
Commercial; Food & Beverage; Restaurant
Cooling:
Central Air
Existing Lease Type:
NNN
Heating:
Other
Listing Terms:
1031 Exchange; Cash; Conventional
Parking Features:
On Site; Open; Paved
Possession:
Close Of Escrow
Sale Includes:
Building(s); Equipment; Fixtures; Furniture; Land; Leases; Other
Tenant Pays:
Common Area Maintenance; Electricity; Exterior Maintenance; Gas; Insurance; Interior Maintenance; Sewer; Taxes; Trash Collection; Water; Other
Showing Requirements:
Call Listing Agent; No Sign
Listing Office:
Kentucky Wide Realty
Last Updated: July - 21 - 2026
Information deemed reliable but not guaranteed.
