This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
This Retail Property is no longer advertised on LoopNet.com.

2358 Nicholasville Rd
Lexington, KY 40503
Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Storefront
Building Size
8,208 SF
Building Class
B
Year Built
2005
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
1.21 AC
Zoning
B-1
Parking
40 Spaces (4.87 Spaces per 1,000 SF Leased)
Frontage
164’ on Nicholasville Rd

Amenities

  • Freeway Visibility
  • Pylon Sign

About 2358 NICHOLASVILLE RD , LEXINGTON, KY 40503

Block + Lot is pleased to offer for sale Malabu Heights Plaza located at 2348-2358 Nicholasville Road in Lexington, KY. Malabu Heights consists of two retail strip buildings totaling 34,436 SF. Currently 96.08% occupied with 15 tenants, this investment provides an opportunity to spread risk through multiple internet resistant uses while also enabling the investor to add value in a highly stabilized retail market. Malabu Heights Plaza is located at 2348-2358 Nicholasville Road in Lexington, KY. The property is situated inside of New Circle Road in an irreplaceable and generational A+ location on Nicholasville Road. Nicholasville Road is Lexington’s primary retail corridor consisting of traffic counts of 43,989 (ADT). Nicholasville Road connects retail to the major health care systems, to the University of Kentucky, and to the Central Business District. The property is located approximately 1.8 miles from the University of Kentucky, which has over 28,000 students enrolled. The property is situated adjacent to Trader Joes and directly across the street from Kroger. The property is encompassed by major trade area retailers and businesses including The Mall at Lexington Green, Fayette Mall, and The Summit at Fritz Farm.

Property Taxes

Property Taxes

Parcel Number
25562700
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,299,000
  • Listing ID: 12999914

  • Date on Market: 6/26/2018

  • Last Updated:

  • Address: 2358 Nicholasville Rd, Lexington, KY 40503

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}