12145 S Preston Hwy - Freestanding FOR SALE


Lebanon Junction, KY 40150
$1,475,000 USD
502-539-7295
12145 S Preston Hwy, Lebanon Junction, KY for Sale
$1,475,000 USD
Freestanding - FOR SALE
1/37
null | Request Cap Rate

12145 S Preston Hwy
Lebanon Junction, KY 40150


HIGHLIGHTS

  • Business + Real Estate: Sale includes both the operating liquor/convenience store and fee-simple property.
  • Visibility & Access: Positioned on S Preston Hwy at I-65 Exit 105, capturing highway pass-through demand and local trade.
  • High-Frequency Categories: Beer, spirits, RTDs, tobacco, lottery, snacks.
  • Updated FF&E: New Clover POS, security system, signage, counters, shelving, and a 21-door walk-in cooler.
  • Drive-Thru Upside: Window already constructed; variance pending. Expected to boost convenience and capture incremental commuter/shift-worker traffic.
  • Market Drivers: Pilot Travel Center and McDonald’s anchor the interchange; Park South/Plaza Park industrial development expected to lift workforce and

OVERVIEW

Liquor and convenience retail positioned on S Preston Hwy with immediate access to I-65 Exit 105. This 9,180 SF store sits on 1.05 acres and captures both highway pass-through demand and steady local trade. The business benefits from strong interchange neighbors including Pilot Travel Center and McDonald’s, ensuring sustained trip generation. The offering includes both the operating business and fee-simple real estate, providing a rare opportunity to secure long-term control of a strategic trade-area asset. Recently updated with a new Clover POS system, security cameras, signage, counters, and shelving, the store also features a 21-door walk-in cooler and ample sales floor space for merchandising expansion. Growth potential is significant: the store is currently absentee-owned, leaving room for an owner-operator to optimize labor, control shrink, and improve service. Additional upside comes from the pending variance to activate the newly constructed drive-thru window, which will enhance convenience and capture incremental commuter and shift-worker traffic. Located within the Exit 105 corridor, where ongoing industrial development (Park South/Plaza Park program) is adding large-scale warehouse and workforce activity, this site is positioned for long-term demand growth. Coupled with regional planning efforts to improve KY-61 access, the trade node’s viability will only strengthen.

FOR SALE DETAILS

PRICE

$1,475,000 USD

PRICE/SF

$161 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,738 SF

ZONING

B-1

APN/PARCEL ID

413140

ASK ABOUT THIS PROPERTY

Karan Singh85W Real EstateMore Info
502-539-7295

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Karan Singh85W Real EstateMore Info
502-539-7295

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.