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Skyline Chili Restaurant
For Sale
$4,031,500

2216 Lantern Ridge Dr, Richmond, KY 40475

Established restaurant property within a major regional shopping and dining destination.

Property Size6,437 SF
Price / SF$626.30
Days on Market35

Property Features for 2216 Lantern Ridge Dr

General Information

Standard status Active
Size 6,437 SF
Property subtype Retail
Zoning B-3

Additional Details

Highway Access Yes

Amenities

Power
Water
Sewer
Drive-Thru

Building Details

Year Built 2021
Listing Agency: CBRE Inc.
Listed By: Clay Hunt · License #KY 71469
Source: Kcrea.resimplifi
Added: Jul 27 Changed: Aug 29 Last Checked: Aug 29 at 10:33AM

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 CBRE Inc.

Investment Insights

Based on property information with market context.

This 6,437-square-foot restaurant property was built in 2021 and operates under B-3 zoning. The asset is identified with Skyline Chili and is positioned within Richmond Centre, a 685,000-square-foot lifestyle center in Richmond, Kentucky.

Richmond Centre is located along I-75, approximately 21 miles south of Lexington, and includes major retail and entertainment tenants such as Meijer, Cinemark, JCPenney, Belk, and Dick’s Sporting Goods. Additional dining operators at the center include Olive Garden, Panera Bread, Raising Cane’s, Chick-fil-A, Starbucks Coffee, Culver’s, and Buffalo Wild Wings. The center reported more than 7.5 million visitors during the past year, with shoppers and diners drawn from over 12 counties across central Kentucky.

Key Highlights

  • 6,437‑square‑foot restaurant property
  • Built in 2021
  • B‑3 zoning

Property Analytics

Current Use

LaRosa's Pizza Richmond, ... Restaurant Skyline Chili Restaurant

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Storage Facility Pharmacy HVAC Service Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

607
Businesses Nearby
658k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 47% Apparel 22% Shops & Services 16% Home Improvements & Furnishings 4%
T.J. Maxx Apparel
47,868 visits/mo 0.1 miles
Raising Cane's Chicken Fingers Dining
40,803 visits/mo 0.4 miles
Texas Roadhouse Dining
36,007 visits/mo 0.4 miles
DICK'S Sporting Goods Apparel
35,379 visits/mo 0.2 miles
Cook Out Dining
31,462 visits/mo 0.4 miles

Demographics for 40475, KY

62,531
Population
28,118
Households
2.2
Avg Household Size
35
Median Age
37%
College-Educated
93%
High-School Grad
287.3 sq mi
ZIP Area
218
Density / Sq Mi
$62,731
Median Household Income
$35,102
Median Earnings
$863
Median Rent
$232,700
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Established restaurant property within a major regional shopping and dining destination.
Where is this conventional restaurant located?
The property is located at 2216 Lantern Ridge Dr Richmond, KY.
What is the asking price?
The asking price for this property is $4,031,500.
What are key features of this property?
This property features: 6,437‑square‑foot restaurant property; Built in 2021; B‑3 zoning
More about this property
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