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1535 Lexington Ave
Winchester, KY 40391

Starbucks · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
2,232 SF
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.88 AC
Zoning
B-3
Parking
18 Spaces (8.06 Spaces per 1,000 SF Leased)
Frontage
127 FT on Caudill Dr.

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.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
042-2001-00500
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,552,000
  • Listing ID: 13746299

  • Date on Market: 9/10/2018

  • Last Updated:

  • Address: 1535 Lexington Ave, Winchester, KY 40391

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