3600 Palomar Centre Drive Lexington, KY 40513

This single-tenant net-leased investment opportunity is occupied by Sedona Tap House, a casual, family-friendly restaurant specializing in Southwest-inspired cuisine, steaks, and seafood. The restaurant is known for its extensive craft beer selection and features a contemporary atmosphere with a fireplace and outdoor seating. The property is located within the Palomar Centre shopping area, a retail and residential hub on Harrodsburg Road. Sedona Taphouse is owned by DJB Hospitality LLC, founded in 2011 by veteran restaurateur Dennis Barbaro. As of late 2024, the company, which operates 16 locations, has been named to the Inc. 5000 list of America's fastest-growing private companies for 5 consecutive years. DJB Hospitality also manages the NAPA Kitchen & Wine concept and described itself as a $50M business in 2020. The property has one and a half years remaining on the primary lease term, plus four five-year tenant options. The lease structure is a completely passive NNN investment with zero landlord responsibilities and attractive 8% increases every 5 years in the Primary and Option Terms. The property is located in the same shopping area shadow anchored by Walmart and Publix. Other retailers in the trade area include Chase, Bank of America, Traditional Bank, Panera, McDonalds, Qdoba, Starbucks, and CHI Saint Joseph Health Care. The location benefits from high traffic, with 31,820 CPD on US 68 cross Harrodsburg Road and 31,626 CPD on Harrodsburg Rd cross Man O' War Blvd. The lot size is 0.475 acres and the property size is 5,715 square feet.