1015 Winchester RdLexington, KY 40505

For Sale
$1,200,000

Freestanding Restaurant, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
92
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.

Highlights

  • 2,100 SF freestanding restaurant building with drive-thru.
  • Located at Winchester Road and E. Loudon Avenue intersection.
  • High traffic count exceeding 23,638 vehicles per day on Winchester Road.
  • Excellent visibility and two access points with 15 parking spaces.
  • Existing lease expiring September 30, 2029.
  • $78,000 annual rent; tenant pays NNN; landlord pays property taxes.

Property Details for 1015 Winchester Rd

Property type
Other retail properties, Restaurants
Square Feet
2,100 SF
Buildings
1
Stories
1
Lot Size (sq. ft)
18,731 SF

Location Insight

City
Lexington
County
Fayette
State
Kentucky
Latitude
38.0423618
Longitude
-84.4668759
1015 Winchester Rd, Lexington, Kentucky

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1015 Winchester Rd
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