Retail Business for Sale in Richmond, KY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Richmond, KY 40475

Description

Marcus & Millichap is proud to present a brand-new construction Burger King featuring a long-term 20-yr NNN lease with four, 5-yr options to renew. Investment Highlights: • The property benefits from a 2o-year NNN LEASE with Attractive 7.5% Rent Increases every Five (5) Years, as well as Four, 5-Year Options to Renew • Positioned along Eastern Bypass which sees over 22,000 vehicles per day and is surrounded by several major auto dealerships • Backed by an expanding Regional Franchisee with nearly 500 franchised restaurants under four QSR brands: TACO BELL, BURGER KING, CHURCH'S CHICKEN and LITTLE CAESARS

Market Context

This retail in Richmond, KY is listed for sale. It is offered at an approximate 6.2% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 68 days. Compare it against other retail listings for sale in Richmond, KY — <a href="/search/sale/retail/kentucky/richmond">view the full market</a>.

As of Q1 2026, the Richmond retail market showed average asking rents near $23.93/SF/yr, and cap rates around 5.1%. Source: Consensus Q1 2026 market report.

Its 6.2% asking cap rate is above the Richmond retail market average of about 5.1%, implying a higher yield (and typically more risk or upside) than comparable assets.

Retail market FAQ

What is the typical cap rate for retail in Richmond?
About 5.1% as of Q1 2026, per Consensus.

Unified Estimate

Very Low Confidence

$186.81/SF – $252.75/SF

Mid: $219.78/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market san-francisco (similarity: 100%) with 11 comparable listings.

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