REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

SimpliHOM - Making Real Estate Simple

support@simplihom.com +1(855) 856-9466

$ 1,100,000

Save

Active

583 W Highway 92 Highway Williamsburg, KY 40769

1,834 SqFt

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 1,834 sqft

Price per Sqft $599

MLS Listing ID 26019346

Year Built 2003

Lot Size 0.500 Acres

Acres 0.5

Property Sub-Type Retail

Property 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.

Location

State KY

County Whitley

Zoning C

Interior

Heating Other

Cooling Central Air

Exterior

Parking Features On Site, Open, Paved

View Y/N N

Handicap Access No

Private Pool No

Imagine MLS / Bluegrass Association of REALTORS (LBAR)

Listed by Kentucky Wide Realty

Nearby Locations

ABOUT US

Our Story

From Humble Beginnings to a Nationwide Movement

At simpliHŌM, we know firsthand that real estate is about more than houses — it’s about people, families, and the places they call home. Our journey didn’t begin in a boardroom or with limitless resources. It began with adversity.

Our Founder & CEO, Sean Miku, once found himself on food stamps, without a home, and forced to pick the lock on a water meter just to give his baby girl her first bath. Out of those struggles came a relentless determination to build something better — not only for his own family, but for every agent and client who deserved a simpler, more supportive way to experience real estate.

With just $30,000 and four agents, simpliHŌM was launched in 2018. From those humble beginnings, we’ve grown into a thriving, people-first brokerage spanning multiple states and serving thousands of agents nationwide — all driven by the same mission: Making Real Estate Simple.

Our Mission: Making Real Estate Simple

We believe real estate should be transparent, efficient, and personal. At simpliHŌM, relationships are at the heart of every transaction. Our mission is to remove the unnecessary complexity and stress, creating a seamless experience for clients and empowering agents to thrive.

Innovative Technology Meets Human

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(855) 856-9466

support@simplihom.com