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851-863 Main St
Nicholasville, KY 40356
Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
12,000 SF
Building Class
C
Year Built
2006
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
1.00 AC
Parking
53 Spaces (4.42 Spaces per 1,000 SF Leased)
Frontage
186’ on Main St

AMENITIES

  • Pylon Sign

ABOUT 851-863 MAIN ST , NICHOLASVILLE, KY 40356

This 100% occupied retail center in Nicholasville, KY features the rare opportunity to acquire a fully occupied retail strip center in one of Kentucky's fastest growing markets. The property is less than 15 years old and contains a diverse mixture of amazon resistant tenants. Located along the North Main Street retail corridor, the property is surrounded by a dense mix of local and national credit retailers, including a regional Walmart Supercenter, Tractor Supply Co., Harbor Freight and Tools, O'Reilly Autoparts, Walgreens and many national QSR users such as McDonalds, KFC, Taco Bell, etc. The property is fully occupied with decent term remaining for all tenants, who have each been at the property between 8 and 13 years. The building also features a drive-thru on the south end-cap, which is a valuable feature for the leasability of the center. Property Highlights Include: :: Fully occupied with healthy remaining lease terms :: In-place net operating income of approx. $138,000+ annually :: Strong anchor-tenant operator :: Great visibility from N. Main Street :: Amazon-resistant tenant base :: 2006 Construction For additional information, please contact the listing agent.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
057-00-00-030.01
Land Assessment
$815,000
Improvements Assessment
$865,000
Total Assessment
$1,680,000
  • Listing ID: 15774430

  • Date on Market: 4/18/2019

  • Last Updated:

  • Address: 851-863 Main St, Nicholasville, KY 40356

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