Restaurant Investment in Palomar
3600 Palomar Centre Drive, Lexington, KY 40513
COMMERCIAL - Lexington, KY
Type:Retail
Property size:
5,715 SFLot size:
1.20 AcresPrice / SF:
$647/SF- Added:
- Mar 30, 2026
- Days on Market:
- 46
- Last Refresh:
- May 14 at 8:06 pm
Property Features for 3600 Palomar Centre Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Standard status
- Active
- APN
- 38174270
- Size
- 5,715 SF
- Lot size
- 1.20 Acres
Building Details
- Year built
- 2018
- Floors in Building
- 1
Listing agent Robert K Lewis License #275598 (859) 533-9222
Listing office Block + Lot Real Estate 133 W Short St, Lexington, KY (859) 309-0099
Listing date Mar 30, 2026
MLS# 26006475
Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Passive Absolute NNN lease structure offering a completely hands‑off investment.
- Prime location within the Palomar Centre, shadow‑anchored by Walmart and Publix.
- Nationally‑recognized Sedona Taphouse tenancy ensures stable income.
- Attractive 8% rental increases every 5 years in the primary and option terms.
- One‑and‑a‑half years remaining on the primary lease term, plus four 5‑year tenant options.
- High‑traffic location near Harrodsburg Road and Man O' War Blvd, exceeding 60,000 vehicles daily.
Overview
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. The location benefits from high traffic, with 31,820 CPD on US 68 crossing Harrodsburg Road and 31,626 CPD on Harrodsburg Road crossing Man O' War Blvd. The property is shadow-anchored by Walmart and Publix, with other retailers in the trade area including Chase, Bank of America, Traditional Bank, Panera, McDonalds, Qdoba, Starbucks, and CHI Saint Joseph Health Care. The nationally-recognized Sedona Taphouse tenancy has a strong brand identity and customer draw. The lease structure is passive absolute NNN. There is one and a half years remaining on the primary lease term, plus four five-year tenant options, with attractive 8% increases every 5 years in the Primary and Option Terms. Sedona Taphouse is owned by DJB Hospitality LLC, founded by veteran restaurateur Dennis Barbaro. The company operates 16 locations and was established in 2011 to provide high-quality craft beer, wine, and food. DJB Hospitality also manages the NAPA Kitchen & Wine concept and described itself as a $50M business in 2020. Sedona Taphouse has been named to the Inc. 5000 list of America's fastest-growing private companies for 5 consecutive years, as of late 2024. The property has a lot size of 1.2 acres and a building size of 5,715 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Sedona Taphouse
Restaurant
Dunn Ashley DVM
Veterinary Clinic
Robinson Lauren DVM
Veterinary Clinic
Location Insight
- Map
- Local Demand
- City
- Lexington
- County
- Fayette
- State
- Kentucky
- Longitude
- -84.568043
- Latitude
- 38.005087
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - Single tenant net leased investment opportunity in Lexington, Kentucky.
Where is this conventional restaurant located?
The property is located at 3600 Palomar Centre Drive Lexington, KY.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: Passive Absolute NNN lease structure offering a completely hands‑off investment.; Prime location within the Palomar Centre, shadow‑anchored by Walmart and Publix.; Nationally‑recognized Sedona Taphouse tenancy ensures stable income.
