508 Lexington Rd Versailles, KY 40383

Giovanni’s Pizza | NN Investment Opportunity | High-Traffic Retail Corridor Take advantage of this rare opportunity to acquire a fee-simple, single-tenant retail asset leased to Giovanni’s Pizza , a well-established regional brand with over 100 locations across six states . Founded in 1967, Giovanni’s has earned a loyal customer base and strong market presence. Offered at $595,000 with a 6.25% cap rate , this investment generates a stable net operating income of $37,173 annually . The tenant operates under a NN lease with 3 years and 1 month remaining , providing predictable cash flow with Tenant responsible for interior of the building, parking lot, all lighting electrical, plumbing HVAC repairs, all utilities, property taxes, and HVAC preventative maintenance, Landlord responsible for insurance, HVAC replacement (newly installed HVAC in 2024), exterior structure, roof . There are no renewal options, offering flexibility for future repositioning or re-leasing upside. Strategically positioned along a major retail and traffic corridor , the property benefits from high visibility, excellent frontage , and two convenient access points . It also features drive-through access , catering to today’s convenience-driven consumers. Located directly across from the largest Kroger in Kentucky , the site is surrounded by a dynamic mix of national and regional retailers including Chipotle, Starbucks, Wendy’s, Dunkin’, and Valvoline , enhancing traffic and consumer synergy. Additional parking is available via an adjacent lot, further supporting customer accessibility and operational ease. This is an ideal investment for buyers seeking passive income, strong location fundamentals , and a recognized tenant in a thriving retail corridor .