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- LoopNet Team
1535 Lexington Ave
Winchester, KY 40391
Starbucks · Retail Property For Sale
PROPERTY FACTS
- Freestanding
- General Retail Fast Food
- General Retail Restaurant
- General Retail Storefront Retail/Office
About 1535 Lexington Ave , Winchester, KY 40391
A brand new build-to-suit Starbucks located in Winchester, Kentucky. The lease features 10 years of initial term without a kickout clause, and four 5-year options with rental increases every 5 years in the base term and extension periods. Starbucks benefits from traffic counts of over 23,800 vehicles per day on Lexington Road, and is just off of Interstate 64, which is Winchester’s primary thoroughfare (44,000+ VPD). The subject property features a drive-thru, and will be the only freestanding Starbucks in Winchester, upon completion of construction (the store is anticipated to open on 10/01/2018). This Starbucks is adjacent to the Clark Regional Medical Center, a 79 bed community hospital with over 487 employees, 75 volunteers and hundreds of daily visitors. They just completed a $70 million campus in 2012, and a 45,000 square foot expansion project in 2017. On the other side of I-64 is a $20 million, 80,000 square foot Amazon customer service center, which has over 550 full-time employees. The subject property is in an extremely strategic location off I-64, given that this is the only free-standing Starbucks in town, and the thousands of daily employees and visitors at the hospital and Amazon facility.
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PROPERTY TAXES
Parcel Number | 042-2001-00500 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $1,552,000 |
PROPERTY TAXES
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Listing ID: 13746299
Date on Market: 9/10/2018
Last Updated:
Address: 1535 Lexington Ave, Winchester, KY 40391
The Retail Property at 1535 Lexington Ave, Winchester, KY 40391 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.