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    1478 Lexington Ave Winchester, KY 40391

    Sponsored
    For Sale
    $1,325,000

    High-traffic QSR, 10-year NNN lease.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    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.

    Property Features for 1478 Lexington Ave

    General Information

    Property type
    Restaurants
    Class
    B

    Building Details

    Year Built/Renovated
    1990/2022
    Buildings
    1
    Stories
    1

    HighLights

    • Free‑standing Rally's Restaurant.
    • High‑traffic corner lot at Lexington Road and Winchester Bypass, offering excellent visibility.
    • 10‑year, NNN leaseback at $7,200/month.
    • Sale‑leaseback opportunity priced at $1,325,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Rally's Fast Food Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Winchester
    County
    Clark
    State
    Kentucky
    Longitude
    -84.209407706527
    Latitude
    38.00608119626

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    FAQs

    What type of property is this?
    Restaurant - High-traffic QSR, 10-year NNN lease.
    Where is this restaurant located?
    The property is located at 1478 Lexington Ave Winchester, KY.
    What is the asking price?
    The asking price for this property is $1,325,000.
    What are key features of this property?
    This property features: Free-standing Rally's Restaurant.; High-traffic corner lot at Lexington Road and Winchester Bypass, offering excellent visibility.; 10-year, NNN leaseback at $7,200/month.
    (859) 224-8833
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    Winchester, KY 40391
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1478 Lexington Ave Winchester, KY 40391
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