Investment Overview

Marcus & Millichap is pleased to exclusively offer a triple-net leased Rally’s in Leitchfield, Kentucky. This property offers a highly secure investment opportunity with an absolute Triple Net lease, meaning zero landlord responsibilities. The lease includes 20 years remaining on the term, with four (5)-year renewal options, and annual rent increases of 2 percent. The lease is backed by a franchisee and personal guarantee, ensuring long-term stability. Situated on South Main Street, a heavily trafficked road with 13,467 vehicles passing daily, the property is also conveniently located at Exit 107 off the Western Kentucky Parkway, which sees 13,317 vehicles per day. It is 70 miles from Louisville International Airport and 75 miles from downtown Louisville, providing easy access to major regional hubs. The property is ideally located in the heart of Leitchfield, surrounded by a mix of national, regional, and local businesses. Just 0.2 miles from Southgate Mall, which attracts 851.1K annual visitors, the area is home to major retailers such as Ace Hardware, Hardee’s, and IGA Grocery Store. The property is also within 0.5 miles of Owensboro Health Twin Lakes Medical Center, a 75-bed facility, and is surrounded by key community services, including the police department, city hall, animal shelter, nursing home, and pediatric clinic. Notable national brands in the area include McDonald’s, Little Caesars, KFC, Shell, Advance Auto Parts, AutoZone, Dollar General, and UPS. The location is in a city with a growing population, having seen a 4.71 percent increase from 2010 to 2020 within a three-mile radius, and with further growth projected at 1.69 percent by 2028 within a five-mile radius.