For Sale

Colby Ridge Center

236-272 Redwing Dr,
Winchester, KY 40391
Represented by
NAI Isaac

Asset Snapshot

Power Center
Retail Subtype
2009
Year Built
1
Floor Count
2.33 Acres
Land Area

Offering Summary

Investment Overview

NAI Isaac is pleased to present a multi-tenant NNN investment opportunity in Winchester.


Investment Highlights

  • Fully leased NNN multi-tenant center located within the Lexington MSA
  • Kroger shadow-anchored center providing consistent center-wide traffic
  • 100% occupied across a diversified, service oriented 8-tenant mix (medical, wellness, financial services, retail, etc.)
  • All leases (except one) are based on a true NNN structure with minimal landlord responsibilities and predictable Net Income
  • The property provides a blended lease profile that offers both durability and upside through existing renewal options and rental rate increases
  • Located in the heart of Winchester’s retail corridor surrounded by retailers such as: Kroger, Bealls, Hibbett Sports, Lowe’s, Rural King, Planet Fitness, and more
  • Winchester is +/- 20 miles east of Lexington via I-64

How it Works

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Listing Syndicated From

Buildout
Accepting Offers
$2,990,000
Asking Price

Investment Sales Broker

Zach Smith, CCIM
NAI Isaac

Market Insights