1028 Bypass, Lawrenceburg, KY 40342
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.
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Sakura 16 Lawrenceburg Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.