2222 Lantern Ridge Dr - Restaurant FOR SALE


Richmond, KY 40475
$3,476,000 USD
502-592-2729
2222 Lantern Ridge Dr, Richmond, KY for Sale
$3,476,000 USD
Restaurant - FOR SALE
1/2
null | Request Cap Rate

2222 Lantern Ridge Dr
Richmond, KY 40475


HIGHLIGHTS

  • PREMIER REGIONAL LIFESTYLE CENTER LOCATION
  • Interstate Visibility
  • 100% Occupancy

OVERVIEW

First Watch is strategically located at 2222 Lantern Ridge Drive within Richmond Centre in Richmond, Kentucky, a prominent lifestyle center in Madison County. Situated along I-75, approximately 21 miles south of Lexington, Richmond Centre serves as south-central Kentucky’s premier destination for shopping, dining, and entertainment. This 685,000 square foot center is the dominant retail development in the market and the largest on I-75 between Lexington, Kentucky and Knoxville, Tennessee. Richmond Centre is anchored by major retailers and entertainment venues including Meijer, Cinemark, JCPenney, Belk, and Dick’s Sporting Goods, alongside other well-known brands such as T.J. Maxx, HomeGoods, and Ulta. The center had over 7.5 million visitors in the past year, drawing shoppers and diners from over 12 counties across central Kentucky and is recognized as the number one lifestyle center in the state, according to Placer.ai.  First Watch itself is an award-winning daytime café, celebrated for its breakfast, brunch, and lunch offerings. Other restaurants in the center include Olive Garden, Logan’s Roadhouse, Skyline Chili, Panera Bread, Raising Cane’s, Chick-Fil-A, Starbucks Coffee, Culver’s, and Buffalo Wild Wings.

FOR SALE DETAILS

PRICE

$3,476,000 USD

PRICE/SF

$815 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

First Watch

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding, Restaurant, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

59

LAND DETAILS

LAND ACRES

0.96 AC

LAND SF

41,818 SF

ZONING

B3

APN/PARCEL ID

0042-0010-0013

ASK ABOUT THIS PROPERTY

Robert SchwartzCBRE, Inc.More Info
502-592-2729

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Robert SchwartzCBRE, Inc.More Info
502-592-2729

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