1070 Versailles RdFrankfort, KY 40601

Property Details for 1070 Versailles Rd

Lot size

5.93 AC

Property size (Sq ft)

23,987 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional 23,987-square-foot freestanding building presents a compelling investment opportunity in Frankfort, Kentucky. Situated on a 5.932-acre lot at 1070 Versailles Road, this property enjoys a high-traffic location near US Highway 421 and I-64, boasting an average daily traffic count of approximately 27,413 vehicles. Currently operating as a Ford dealership under a net lease expiring October 31, 2026 (1.9 years remaining), the property generates an annual rent of $300,000. The lease is absolute net, meaning the tenant is responsible for all repairs and maintenance. The property's CH (Commercial Highway) zoning allows for flexibility, presenting opportunities for continued use as an auto dealership or redevelopment after the lease expiration. The asking price is $4,950,000, translating to $206.36 per square foot. The property's strategic location offers excellent visibility and proximity to a variety of retail amenities, including banks, gas stations, restaurants, and grocery stores, making it an attractive proposition for both investors and potential tenants. This is a rare chance to acquire a substantial commercial property in a thriving Kentucky market.

Location Insight

City

Frankfort

County

Franklin

State

Kentucky

Latitude

38.1856

Longitude

-84.8183

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

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 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 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].