115-119 Edgewood Plaza Dr - Storefront FOR SALE
Nicholasville, KY 40356 |
115-119 Edgewood Plaza Dr
Nicholasville, KY 40356
HIGHLIGHTS
- This asset is priced significantly below replacement cost with an opportunity to add term lengths, increase in pace below-market rents, and flip.
- There is outparcel potential within the 2.667-acre site.
- The asset features national brand anchors, Dollar General and Napa Auto Parts, with long-standing terms at the center, plus Full Circle Supports.
- The property is located in fast-growing Nicholasville, KY, directly south of Lexington, KY and part of its MSA.
- This investment opportunity features a stabilized asset with an in-place Cap Rate exceeding 8.5%.
- Contact Agents for financials.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Edgewood Plaza
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
37360
STORIES
1
YEAR BUILT
1962
SPRINKLERS
-
PARKING SPACES
107
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
058-20-14-016.00
