1015 Winchester Rd Lexington, KY 40505
This exceptional investment opportunity presents a 2,100-square-foot freestanding restaurant building with a drive-thru, ideally situated in Lexington, Kentucky. Located at the highly visible corner of Winchester Road and East Loudon Avenue, this property benefits from a daily traffic count exceeding 23,638 vehicles. The single-story building sits on a 0.43-acre lot and offers convenient access via two points, along with ample parking for 15 vehicles. Currently leased to a restaurant tenant, the lease has a remaining term of approximately 4.9 years, expiring September 29, 2029, with an annual rent of $78,000. The tenant is responsible for insurance and common area maintenance, while property taxes are covered by the landlord. This property enjoys excellent visibility and accessibility, with easy connections to New Circle Road, downtown Lexington, Hamburg, and Interstates 75/64. The B-3, Highway Business zoning designation further enhances its versatility and potential. The asking price for this turnkey investment is $1,200,000. This prime location and strong lease terms make this a compelling opportunity for investors seeking a stable, high-traffic commercial property in a thriving Kentucky market.
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Sakura 12 Japanese Restaurant Restaurant
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Ninja Grill Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
B-3 · Lexington, KYLexington. Always verify with local authorities before improvements.
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.