Absolute Net Leased Investment
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|Building Size (RSF):
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|Property Use Type:
||Net Leased Investment (NNN), Investment
||Absolute Net Leased Investment
||Cash to Seller
Overview / Comments
Absolute NET leased single tenant retail investment opportunity for an Applebee's Restaurant Property in Winchester, Kentucky. The tenant is the second largest Applebee's franchisee with +/-163 locations in 15 states. The building has +/-5,498 SF on +/-2.2538 acres. Long-term lease (15+ years) with increases throughout November 2033. The property is situated adjacent to Winchester Plaza Shopping Center with an entertainment venue, national retailers. The property is located near Clark Regional Medical Center, a 79 bed, community hospital serving central Kentucky with over 75 physicians, 487 employees and 75 volunteers on staff and a new Holiday Inn Express under Construction.
Attachments & Media
|Largest Nearby Street:
||Located on West Lexington Avenue near the intersection of Bypass Road and I-64 at Exit 94. Winchester is located 18 miles east of Lexington in Clark County, Kentucky. Winchester is part of the Lexington Metropolitan Statistical Area and functions as a rural/suburban submarket. The population of Clark County is 35,819 ('16) with 18,461 ('16) of those living in the City of Winchester.
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