1168 Us-27Whitley City, KY 42653

This exceptional investment opportunity presents a 7,000 square foot Advance Auto Parts store located at 1168 US-27 in Whitley City, Kentucky. The property sits on a 1.83-acre lot and benefits from a triple net (NNN) lease structure, minimizing landlord responsibilities. The current lease, with a corporate guarantee, boasts a remaining term of 8.4 years, extending to March 31, 2033, with four 5-year renewal options, each including a 7% rent increase. The property's strong financial performance is reflected in a 6.32% cap rate and a net operating income (NOI) of $85,320. The asking price is $1,350,000, translating to $192.86 per square foot. Built in 2005, this single-tenant building enjoys 100% occupancy and benefits from its prime location on a major thoroughfare (US Hwy 27), experiencing traffic counts exceeding 13,700 vehicles per day. The property's strategic positioning is further enhanced by its proximity to a 35,000 square foot Kroger supermarket and fuel station, as well as other national retailers including McDonald's, KFC, Arby's, Taco Bell, Little Caesars, Subway, NAPA, USPS, and United Cumberland Bank. Advance Auto Parts, a creditworthy tenant with an investment-grade rating (S&P BB+ & Moody's Baa3), demonstrates a strong commitment to the location with a recent lease extension. This presents a compelling investment opportunity with significant long-term potential.