1478 Lexington Ave Winchester, KY 40391
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High-traffic QSR, 10-year NNN lease.
Property Features for 1478 Lexington Ave
General Information
- Property type
- Restaurants
- Class
- B
Building Details
- Year Built/Renovated
- 1990/2022
- Buildings
- 1
- Stories
- 1
Listing Agent: Kevin Verhoven
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
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 Profile
Insight Report
Location Intelligence
Current Use by Public Records
Rally's
Restaurant
Location Insight
- Map
- Local Demand
- City
- Winchester
- County
- Clark
- State
- Kentucky
- Longitude
- -84.209407706527
- Latitude
- 38.00608119626
Nearby Similar for Sale
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.