You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
OFF-MARKET
Commercial real estate

1478 Lexington Ave Winchester, KY 40391-1294

709 SF 0.37 ac lot Built 1990
Entity Owned Absentee Owner Free & Clear
Property ID
US34-0700798
Property summary
AI-generated overview

This exceptional investment opportunity presents a freestanding Rally's restaurant located at 1478 W Lexington Ave, Winchester, KY 40391. Situated on a prominent corner lot at the intersection of Lexington Road and the Winchester Bypass, this Class B property boasts unparalleled visibility and high traffic counts. The 1-story, 1-building property, built in 1990 and renovated in 2022, operates under a single-tenant, 100% occupancy NNN lease. The current tenant, the owner, is offering a 10-year leaseback at $7,200 per month, providing immediate and consistent cash flow. The property is zoned B-3 and benefits from its proximity to major retailers such as Speedway and Ale 8, further enhancing its appeal and potential for long-term growth. The asking price for this sale-leaseback opportunity is $1,325,000. This is a rare chance to acquire a well-established, high-performing QSR in a prime location with a secure, long-term lease in place. The property's strong location, coupled with the established brand recognition of Rally's, makes this an attractive investment for discerning buyers seeking stable returns.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1990
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 709 SF
Lot 0.37 ac (16,117 SF)
Zoning code HIGHWAY BUSINESS
APN 042-2007-001-01
UPID US34-0700798
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Rally's Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
LENSCOT REAL EST HOLDINGS WINCHESTER
LENSCOT REAL EST HOLDINGS WINCHESTER
Zoning & alternative use
HIGHWAY BUSINESS · Winchester, KY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1478 Lexington Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message