For Sale
$3,000,000

1133 Lexington Rd Georgetown, KY 40324

High-return QSR investment, Kentucky.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional investment opportunity features a Zaxby's restaurant located at 1133 Lexington Rd, Georgetown, KY 40324. The property boasts 3,810 square feet on a 0.84-acre lot, built in 2013. Currently operating under a 20-year triple-net (NNN) lease with a franchisee tenant, the lease commenced May 25, 2022, and expires May 30, 2042, leaving a substantial 17.5 years remaining. The property enjoys 100% occupancy and generates a strong net operating income (NOI) of $187,500, resulting in an attractive 6.25% cap rate. The lease includes annual rent increases of 2.00% beginning June 1, 2028, providing further long-term value appreciation. This is a prime opportunity for investors seeking a stable, high-performing asset in a desirable location. The property's strong tenant, long-term lease, and attractive financial metrics make it an ideal addition to any portfolio. The location in Georgetown, Kentucky offers excellent visibility and accessibility, contributing to the consistent performance of this established QSR establishment. This is a turnkey investment ready for immediate income generation.

Property Details for 1133 Lexington Rd

Property type
Retail properties
Square Feet
3,810 SF
Year Built
2013
Lot Size (sq. ft)
36,590 SF

Location Insight

City
Georgetown
County
Scott
State
Kentucky
Latitude
38.1872462
Longitude
-84.5631851

FAQs

What type of property is this?
Retail property - High-return QSR investment, Kentucky.
Where is the retail property located?
The property is located at 1133 Lexington Rd Georgetown, KY.
What is the asking price?
The asking price for this property is $3,000,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1133 Lexington Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message