Applebee’s Restaurant
1525 W Lexington Ave Winchester, KY 40391
1525 W Lexington Ave, Winchester, KY, 40391
Contact for pricing
For Sale
Contact for pricing
Pending
Applebee’s restaurant building built in 2003 on 2.25 acres with an absolute net lease structure.
Property Size5,498 SF
Lot Size2.25 Acres
Days on Market103
Property Features for 1525 W Lexington Ave
General Information
- Standard status
- Pending
- Size
- 5,498 SF
- Lot size
- 2.25 Acres
- Property subtype
- Retail
Listing agency
Marcus & Millichap - Salt Lake City
(801) 736-2648
Listed by
Andrew Knudsen · License #UT 9115765-SA00
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 2:38PM Checked: Jul 22 at 7:44AM
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Investment Insights
Based on property information with market context.
This for-sale Applebee’s restaurant property includes a 5,498-square-foot building constructed in 2003 and situated on 2.25 acres. The offering features an absolute net lease with 11 years remaining. The lease structure places expenses covered by the tenant, meaning a new buyer would have no landlord responsibilities.
The property is located along a main highway through the city and is adjacent to Interstate 64, positioned within a major retail area. It is also next to the Clark Regional Medical Center.
The lease provides four, 5-year options. Rental increases are scheduled every five years during the initial term and again at each option.
The property is located along a main highway through the city and is adjacent to Interstate 64, positioned within a major retail area. It is also next to the Clark Regional Medical Center.
The lease provides four, 5-year options. Rental increases are scheduled every five years during the initial term and again at each option.
Key Highlights
- 5,498 SF Applebee's restaurant building built in 2003 on 2.25 acres
- Absolute net lease structure with 11 years remaining, shifting expenses to the tenant
- Lease includes four 5‑year options for continued term extensions
Property Analytics
Location Intelligence
Current Use by Public Records
Applebee's Grill + Bar
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Applebee’s restaurant building built in 2003 on 2.25 acres with an absolute net lease structure.
Where is this conventional restaurant located?
The property is located at 1525 W Lexington Ave Winchester, KY.
What are key features of this property?
This property features: 5,498 SF Applebee's restaurant building built in 2003 on 2.25 acres; Absolute net lease structure with 11 years remaining, shifting expenses to the tenant; Lease includes four 5‑year options for continued term extensions
