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1120 - 1140 Bypass Road Collective

2 Properties Offered at £1,242,675 in Winchester, KY

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Investment Highlights

Traffic signaled lot with Bypass frontage
Replaceable rental income at $18.75 PSF
Tenant responsible for all property expenses

B-3 Zoning
Utilities to site

Executive Summary

This unique offering can combine both properties into one sale as they are contiguous properties and owned by the same seller. Would be an effective way for a developer to acquire the 1140 Bypass Rd. property as an investment property, providing in-place income from Sleep Outfitters to help offset the development costs of the 1120 Bypass Rd. vacant lot.
The seller is entirely open to independent sales of the two properties, or a collective sale. Contact agent for more details on the Sleep Outfitters Lease, and other questions.
Ideally located along the heart of Bypass Road in Winchester, Kentucky between Kroger and Walmart Shopping Centers.
Winchester, Kentucky is the county seat of Clark County, Kentucky and is part of the Lexington-Fayette Kentucky Metropolitan Statistical Area. It is supported by such industries as Clark Regional Medical Center, Ale-8-One, and Catalent Pharmaceuticals.

20200623 - Plat - SLEWIN

20200616 - Survey - 1140 Winchester KY LLC

1120-1140 Bypass Rd. Flyer

Property Facts

Price	£1,242,675	Number of Properties	2
Price / SF	£165.69 / SF	Individually For Sale	2
Sale Type	Investment or Owner User	Total Building Size	7,500 SF
Status	Active	Total Land Area	0.98 AC

Price	£1,242,675
Price / SF	£165.69 / SF
Sale Type	Investment or Owner User
Status	Active
Number of Properties	2
Individually For Sale	2
Total Building Size	7,500 SF
Total Land Area	0.98 AC

Properties

Property Name / Address	Property Type	Size	Year Built	Individual Price
Sleep Outfitters 1140 Bypass Rd, Winchester, KY 40391	Retail	7,500 SF	2018	£887,625
1120 Bypass Road 1120 Bypass Road, Winchester, KY 40391	Land	0.48 AC	-	£311,655