For Sale
$1,325,000

1478 Lexington AveWinchester, KY 40391

High-traffic QSR, 10-year NNN lease.

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional investment opportunity presents a freestanding Rally's restaurant located at 1478 W Lexington Ave, Winchester, KY 40391. Situated on a prominent corner lot at the intersection of Lexington Road and the Winchester Bypass, this Class B property boasts unparalleled visibility and high traffic counts. The 1-story, 1-building property, built in 1990 and renovated in 2022, operates under a single-tenant, 100% occupancy NNN lease. The current tenant, the owner, is offering a 10-year leaseback at $7,200 per month, providing immediate and consistent cash flow. The property is zoned B-3 and benefits from its proximity to major retailers such as Speedway and Ale 8, further enhancing its appeal and potential for long-term growth. The asking price for this sale-leaseback opportunity is $1,325,000. This is a rare chance to acquire a well-established, high-performing QSR in a prime location with a secure, long-term lease in place. The property's strong location, coupled with the established brand recognition of Rally's, makes this an attractive investment for discerning buyers seeking stable returns.

Highlights

  • Free-standing Rally's Restaurant.
  • High-traffic corner lot at Lexington Road and Winchester Bypass, offering excellent visibility.
  • 10-year, NNN leaseback at $7,200/month.
  • Sale-leaseback opportunity priced at $1,325,000.

Property Details for 1478 Lexington Ave

Property type
Retail properties
Class
B
Year Built/Renovated
1990/2022
Buildings
1
Stories
1

Location Insight

City
Winchester
County
Clark
State
Kentucky
Latitude
38.00608119626
Longitude
-84.209407706527
1478 Lexington Ave, Winchester, Kentucky

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1478 Lexington Ave
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