Active

For Sale: NNN 10-Year Tenant w/ Drive Thru

638 Chestnut St, Berea, KY 40403

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Overview

We are pleased to bring to market this property for an INVESTOR in Berea, KY at a signaled intersection with a Drive Thru that is occupied by a Regional, Fast casual. The group just began a 10 year NNN lease at this location in Summer of 2025! The tenant remodeled the former Gold Star Chili franchised space, in Summer of 2025, and began paying rent in the Fall of 2025 to start the initial term. The group has increases in rent every two years, and has two (6 year options). The group has several Central KY locations, and offers asian cuisine. The space is less than a 1/4 mile from exit 76 off I-75, with retailers like Walmart, Cracker Barrel, Popeye's Chicken, McDonalds, Starbucks and more!

Tenant occupied 2,521 SF Drive Thru - Fast Casual FOR SALE
NEW 10 year NNN Lease just started in Summer of 2025 (Landlord only responsible for Roof and Structure)
Increases in Rent every 2 years, and (2) 6 YEAR OPTIONS TO RENEW
Tenant has multiple locations across the region in Kentucky including Berea, London, Frankfort, Somerset, Ashland, and Mount Sterling
Less than 1/4 mile to Exit 76 in Berea - NEAR Walmart, Cracker Barrel, McDonalds, Starbucks, Popeyes, and more

For Sale

Retail

Secondary Uses: Restaurant

Sale Price
$1,279,000
Price Per SF
$507.3/SF
Building Size
2,521 SF
Acres
0.678 ac
Zoning
B-4
Tenant
KOI Express
Former Tenant
Gold Star Chili
# of Buildings
1
Floors
1
Year Built
2022
Property Status
Existing
Nearest Interstate
I-75 - 0.5 mi
County
Madison
Available
02/06/2026
Listed
02/06/2026
Updated
02/06/2026
Listing ID
cd50098b
Parcel APN
B001-0009-0013