Property summary
This exceptional investment opportunity presents a 3,886 square foot, single-tenant, freestanding restaurant building in Lawrenceburg, Kentucky. Currently occupied by Sakura 16 Japanese Restaurant under a sublease, the property boasts a strong corporate guarantee from Bojangles' original 15-year lease, with approximately 7.4 years remaining until April 29, 2032. The lease includes three 5-year renewal options and features a 1.25% annual rent increase. Situated on 1.32 acres with 54 parking spaces, the property enjoys high visibility at the intersection of Bypass North and West Woodford Street, boasting a combined daily traffic count of 30,296 vehicles. The location is strategically positioned in a Walmart-anchored shopping center, alongside prominent national brands like Burger King, Murphy USA, and Little Caesars. Recent nearby developments include a Thoroughbred Express Carwash and Arby's, further enhancing the area's appeal. The property's Net Operating Income (NOI) is $134,534, resulting in a 7.08% cap rate at the asking price of $1,900,000. The property is zoned commercial and was built in 2017. This is a rare opportunity to acquire a stable, high-performing investment with significant long-term potential. The property's prime location and strong tenant history make it an attractive addition to any investment portfolio.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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