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Lexington, KY NNN Properties for Sale

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Nicholasville, KY Paris, KY Richmond, KY Winchester, KY Georgetown, KY Versailles, KY Midway, KY Wilmore, KY
Commercial Land With Existing Restaurant
Updated: Jan 23, 2024
Commercial Land With Existing Restaurant

1951 N Broadway, Lexington, KY 40505

$1,170,000
2,600 sqft 1.30 AC lot
1.3‑acre flat commercial land site
Existing 2,600 SF restaurant building constructed in 1968
NNN lease to a home delivery meal service
Rear property area occupied by a food truck on a month‑to‑month agreement
Approximately 0.8 miles from Downtown Lexington
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BP Gas Station With Convenience Store
Updated: Jul 27
BP Gas Station With Convenience Store

2221 Richmond Rd, Lexington, KY 40502

$2,500,000
987 sqft
BP‑branded gas station and convenience store
Absolute NNN lease in place through 2032
No renewal options remain after the 2032 lease expiration
987 SF property built in 1989
Located on Richmond Road near Chick‑fil‑A, McDonald's, Walgreens, and Central Bank
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Absolute NNN Restaurant Property
Absolute NNN Restaurant Property

1761 Sharkey Way, Lexington, KY 40511

$2,750,000

Established restaurant tenancy with an absolute net lease structure and tenant-funded improvements.

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See what stands out in Fayette County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Lexington, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Renovated Restaurant Property
Renovated Restaurant Property

241 Eastern Bypass, Richmond, KY 40475

$2,300,000
5,667 sqft

Recently updated restaurant asset with a B-3 designation and an existing NNN lease structure.

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Brick Office Building
Brick Office Building

3 HMB Circle, Frankfort, KY 40601

$2,565,000
20,830 sqft 1.49 AC lot

Office property with a triple-net lease structure, basement space, and public sewer service.

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Freestanding NNN Property
Freestanding NNN Property

1481 Versailles Road, Frankfort, KY 40601

Contact for pricing
5,932 sqft

Freestanding commercial building leased under an absolute NNN structure with no landlord responsibilities.

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NNN Property
NNN Property

108 Forbes Court, Richmond, KY 40475

Contact for pricing
6,720 sqft

Commercial property with an existing NNN lease structure and office-related use classification.

View details

Lexington, KY Nnn Properties Market Trends and Statistics

Explore 3 nnn properties for sale in Lexington, KY, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 3,587 square feet of properties for sale, with an estimated market value of $6,420,000.

Sale prices for triple net lease properties in Lexington, KY start at $1,170,000, averaging $2,140,000, and reaching up to $2,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 322K
Population Growth (5Y) +1.0%
Median Household Income $71,202
College Educated 25.6%

High-Yield Neighborhoods for Investment

Identify Lexington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
40505 $1.2M
40511 $2.8M

Taxes & Financing

Tax Rate (average for all types) 1.22%
Property Tax per SF $11.25 per SF
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Fayette County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Fayette County

Retail

Office

Property Size Breakdown

The majority of commercial real estate listings in Lexington fall within the 100,000+ square foot range.

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