100 Vincent Dr, Stanford, KY 40484

Property Details for 100 Vincent Dr

Year built

2023

Lot size

1.37 lot acres

Property type

Retail properties & Spaces

Property subtype

Restaurants

Description

This exceptional investment opportunity presents a brand-new, 2023-constructed Burger King restaurant located at 100 Vincent Dr, Stanford, KY 40484. The property boasts a fee-simple ownership structure with a 20-year net lease, commencing January 17, 2024, and expiring January 16, 2044. The lease includes four 5-year renewal options, each with a 7.5% rent increase. The tenant, a Burger King franchisee (Ampler Burgers Ohio LLC, operating 84 units and part of a larger group managing 470+ units across various brands), provides strong financial backing and operational expertise. The 3,543 square foot building sits on a 1.37-acre lot and enjoys a prime location at a major signalized intersection in Stanford, KY, with combined daily traffic exceeding 30,000 vehicles. Its proximity to Ephraim McDowell Fort Logan Hospital and numerous other national retailers (Walmart, McDonald's, Taco Bell, Wendy's, Sonic, Arby's, and Dairy Queen) ensures high visibility and consistent customer traffic. The property offers a 6.15% cap rate with a current Net Operating Income (NOI) of $139,000 and an asking price of $2,260,000. This is a 100% occupied, single-tenant, net-leased investment with minimal landlord responsibilities, making it an attractive option for investors seeking a stable, long-term return. The property's strong fundamentals, coupled with the established tenant and favorable lease terms, present a compelling investment opportunity.

Location Insight

City

Stanford

County

Lincoln

State

Kentucky

Longitude

-84.6524

Latitude

37.5388