Freestanding Net-Leased Retail
For Sale
Contact for pricing
1109 Winchester Avenue, Ashland, KY 41101
Fee-simple freestanding GameStop property is net leased with landlord responsibilities limited to roof, structure, and CAM.
Property SizeContact for details
Days on Market121
Property Features for 1109 Winchester Avenue
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Opportunity Zone
Yes
Traffic Count
19,700 vehicles/day
Building Details
Tenancy
Single
Listing Agency:
Kidder Mathews San Diego
Listed By:
Sam Hanna · License #CA 01242719
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 12:29PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kidder Mathews San Diego
Investment Insights
Based on property information with market context.
This offering presents the fee simple interest (land and building) in a corporate-guaranteed, freestanding, single-tenant net leased GameStop investment property. The lease structure is described as NNN with landlord responsibilities limited to roof and structure, and CAM (subject to reimbursement). The tenant has just over one year remaining on the current term, followed by a five-year option period. The option period includes a 13% rental increase at the beginning of that option term, per the provided remarks.
The property is located along Winchester Avenue, which is reported as 19,700 vehicles per day. The GameStop location is described as less than half a mile southeast of Ashland Town Center Mall, a 420,000 SF mall anchored by JCPenney, Belk, and T.J.Maxx. The surrounding retail area is also described as including several national and credit tenants.
As presented, this is a single-tenant freestanding retail investment with a landlord responsibility structure limited to roof, structure, and CAM, and it is positioned within a Kentucky opportunity zone, as noted in the remarks.
The property is located along Winchester Avenue, which is reported as 19,700 vehicles per day. The GameStop location is described as less than half a mile southeast of Ashland Town Center Mall, a 420,000 SF mall anchored by JCPenney, Belk, and T.J.Maxx. The surrounding retail area is also described as including several national and credit tenants.
As presented, this is a single-tenant freestanding retail investment with a landlord responsibility structure limited to roof, structure, and CAM, and it is positioned within a Kentucky opportunity zone, as noted in the remarks.
Key Highlights
- Fee‑simple interest (land and building) in a corporate‑guaranteed, freestanding single‑tenant GameStop net lease property in Ashland, KY
- Tenant GameStop, Inc. has just over 1 year remaining on its lease, with a 5‑year option to extend
- NNN lease structure with landlord responsibilities limited to roof, structure, and CAM (subject to reimbursement)
Property Analytics
Current Use
Lease Details
19,700 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
355
Businesses Nearby
60k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 67%
Shops & Services 32%
Home Improvements & Furnishings 1%
Taco Bell
Dining
14,029 visits/mo
0.4 miles
Exxon
Shops & Services
9,699 visits/mo
0.0 miles
Tudor's Biscuit World
Dining
7,744 visits/mo
0.5 miles
Captain D's
Dining
7,410 visits/mo
0.3 miles
KFC
Dining
6,474 visits/mo
0.4 miles
Demographics for 41101, KY
18,559
Population
9,269
Households
2
Avg Household Size
41
Median Age
23%
College-Educated
90%
High-School Grad
10.3 sq mi
ZIP Area
1,802
Density / Sq Mi
$53,491
Median Household Income
$35,713
Median Earnings
$907
Median Rent
$120,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Storefront property - Fee-simple freestanding GameStop property is net leased with landlord responsibilities limited to roof, structure, and CAM.
Where is this storefront property located?
The property is located at 1109 Winchester Avenue Ashland, KY.
What are key features of this property?
This property features: Fee‑simple interest (land and building) in a corporate‑guaranteed, freestanding single‑tenant GameStop net lease property in Ashland, KY; Tenant GameStop, Inc. has just over 1 year remaining on its lease, with a 5‑year option to extend; NNN lease structure with landlord responsibilities limited to roof, structure, and CAM (subject to reimbursement)
