583 W Highway 92

    Williamsburg, KY 40769
    • $1,150,000
    • STATUS: Active
    • ON SITE: 119 days
    • MLS #: 1913983
    $1,150,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,835
      SQFT
    • $627
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2003
    County:

    School Ratings & Info

    Description

    Triple net investment opportunity without all the hassle of the day to day issues. This property has a triple net lease for $8000/mo (8.3 cap). Lessee pays all taxes, maintenance & repairs, and Insurance. Huddle House building and lot available for sale. Very established Huddle House restaurant. This a free-standing retail building with a private parking lot, located in the new Walmart Shopping Center. Property has excellent exposure on major highway and I-75.

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    The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than The Lane Team are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.
    www.laneteamky.com/homes/96109380

    583 W Highway 92 Williamsburg, KY 40769

    • Price: $1,150,000
    • Status: Active
    • MLS #: 1913983
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,835
    SQFT
    $627
    $/SQFT
    2003
    Built
    Neighborhood:
    Commercial
    County:
    Whitley
    Area:
    Whitley County
    Property Description
    Triple net investment opportunity without all the hassle of the day to day issues. This property has a triple net lease for $8000/mo (8.3 cap). Lessee pays all taxes, maintenance & repairs, and Insurance. Huddle House building and lot available for sale. Very established Huddle House restaurant. This a free-standing retail building with a private parking lot, located in the new Walmart Shopping Center. Property has excellent exposure on major highway and I-75.
    Exterior Features

    Construction Brick Dock Doors 0 Drive In Doors 0 Lot Expansion Sq Ft 0 Parking 11 - 20 Spaces Stories One

    Interior Features

    Elevator Capacity 0 Floors Serviced 0 Restrooms Mens 1 Restrooms Womens 1 Sq Ft Building 0 Sq Ft Common Area 0 Sq Ft Gross Leasable 0 Sq Ft Office 0 Sq Ft Retail 0 Sq Ft Warehouse 0 Water Heater Size 0

    Property Features

    Adv License And Permit 0 Annual Rent 0 Building Expansion Sq Ft 0 Cash Flow Before Tax 0 Ceiling Height 0 Credit Losses And Vacancy 0 Current Zoning Commercial Electric 0 Elevator Services 0 Fuel Expense 0 Gas Pipe Size 0 Gross Operating Income 0 Gross Scheduled Rent Income 0 Janitorial Services 0 Land Lease 0 Lawn Services 0 Less Operating Expense 0 Net Operating Income 96000 Occupancy 0 Occupant Type Tenant Other Income 0 Payroll 0 Personal Property Taxes 0 Possession Close Of Escrow Property Insurance 0 Property Management 0 Property Subtype1 Restaurant Property Subtype2 Business Real Estate Taxes 0 Repairs And Maintenance 0 Rubbish Services 0 Sale Or Lease Includes BuildingsLandLeases Sewer And Water 0 Tax Rate 7.61 Telephone 0 Terms LeaseExchange Total Annual Debt Service 0 Total Gross Income 96000 Total Operating Expense 0 Trade Name Use Huddle House Water Pipe Size 0

    Listing provided courtesy of Brenda Lawson of & You, Realtors. Listing information © 2019 LBAR Multiple Listing Service. All rights reserved.
    The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than The Lane Team are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.
     
    The Lane Team
    2424 Harrodsburg Rd. Ste. 101
    Lexington KY, 40503