1478 Lexington Ave Winchester, KY 40391-1294
This exceptional investment opportunity presents a freestanding Rally's restaurant located at 1478 W Lexington Ave, Winchester, KY 40391. Situated on a prominent corner lot at the intersection of Lexington Road and the Winchester Bypass, this Class B property boasts unparalleled visibility and high traffic counts. The 1-story, 1-building property, built in 1990 and renovated in 2022, operates under a single-tenant, 100% occupancy NNN lease. The current tenant, the owner, is offering a 10-year leaseback at $7,200 per month, providing immediate and consistent cash flow. The property is zoned B-3 and benefits from its proximity to major retailers such as Speedway and Ale 8, further enhancing its appeal and potential for long-term growth. The asking price for this sale-leaseback opportunity is $1,325,000. This is a rare chance to acquire a well-established, high-performing QSR in a prime location with a secure, long-term lease in place. The property's strong location, coupled with the established brand recognition of Rally's, makes this an attractive investment for discerning buyers seeking stable returns.
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Rally's Restaurant Take-out & Catering
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
HIGHWAY BUSINESS · Winchester, KYWinchester. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.