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8 Carol Rd, Winchester, KY, 40391

Pizza Hut
$615,492

Key Information

Cap Rate
6.5%
Tot. SF
3,444
Year Built
1983
Term Remaining
±7.5 YRS
Type
Retail

Highlights

Available for Purchase Individually or as a Portfolio

  • Prime Location in Dense Retail Corridor – Situated in Winchester’s most established retail hub, directly across from Winchester Plaza and in close proximity to Lowe’s Home Improvement, Kroger Plaza, Walmart, and CHI St. Joseph Medical Center.
  • Below Market Rents – Current lease rates are below recently executed market comparables, providing immediate rental growth potential.
  • Attractive Rent Per Square Foot – Current occupancy cost of $11.62 per square foot positions the asset competitively within the market.
  • Mid to Short-Term Lease Structures with Upside – Several portfolio locations include kick-out options in two years, enabling ownership to capture higher market rents on an accelerated timeline.
  • Built-In Rental Growth – ll leases include 1.50% annual rent escalations, ensuring consistent income growth.
  • Strong Sales Performance – The tenant demonstrates healthy sales volumes, with a favorable 4.88% rent-to-sales ratio.
  • Compelling Land Basis – Asset offers an attractive underlying land value relative to its real estate fundamentals, if unencumbered.
  • Generous Building Size – ±3,444 SF building footprint provides operational flexibility and long-term adaptability.

Photos

Location

Agents

Broker of Record

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License # 239410 (KY)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203