Map of Property

Edgewood Plaza

For Sale

115 Edgewood Plaza Dr, Nicholasville, KY 40356

This Nicholasville property for sale is located at 115 Edgewood Plaza Dr. The current listed sale price for Edgewood Plaza is $1,750,000.

Contacts

broker

Peter Barr

Block+Lot

broker

Clay Angelucci

Block+Lot

Property Details

  • Property Type Retail
  • Property Size 37,360 SF
  • Additional Rent Contact for pricing
  • Date Updated Sep 26, 2023

We are pleased to bring to market Edgewood Plaza located at 115 Edgewood Plaza in Nicholasville, KY. This 37,360 SF (per PVA) shopping center is a three tenant center anchored Dollar General and Napa Auto Parts. This investment provides the unique opportunity for a value add investor to acquire a stabilized asset and reposition value by purchasing the property at a below replacement cost low basis ($46.84/SF), add term length, increase in place below market rents, and flipping lease structures to true NNN. The property has abundant parking and approximately 170 feet of South Main Street frontage.

Property Highlights:

• Substantially below replacement cost ($46.84/SF)
• Value add opportunity
• National credit anchors
• Lexington MSA
• Stabilized asset with 7% in place Cap Rate
• Contact Agents for financials

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 64/100

    Walk Score ®

  • 55/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Nicholasville, KY
  • Zip Code 40356
  • Market Lexington

Points of Interest

  • Speedway

    1.14 miles

  • Chevron

    2.10 miles

  • Bell Place Market

    2.35 miles

  • BP

    4.41 miles

  • Marathon

    4.44 miles

  • Sam's Club Gas Station

    5.09 miles

  • Kroger

    6.40 miles

  • Tates Creek Mini Mart

    7.08 miles

  • The Sketch

    4.46 miles

  • The Alley

    4.72 miles

  • The Cage

    4.82 miles

  • Asbury Trails Parking

    5.84 miles

  • Trailhead parking for Jim Beam Nature Preserve

    6.04 miles

  • Parking for Dupree Nature Preserve

    6.11 miles

  • Sally Brown Nature Preserve Parking

    6.99 miles

  • Tom Dorman Nature Preserve

    7.73 miles

  • LCA Junior High Drop Off Lot

    8.78 miles

  • LCA Employee Lot

    8.78 miles

  • wha mei

    0.04 miles

  • Hardee's

    0.14 miles

  • DQ Grill & Chill

    0.14 miles

  • Arby's

    0.16 miles

  • Godfather's Pizza

    0.97 miles

  • McDonald's

    1.07 miles

  • Pizza Hut

    1.30 miles

  • KFC

    1.87 miles

  • Firehouse Subs

    1.91 miles

  • Papa John's

    1.92 miles

  • Kroger

    0.29 miles

  • Walmart Supercenter

    2.24 miles

  • Goodwill

    2.36 miles

  • IGA

    4.60 miles

  • Kohl's

    5.13 miles

  • Walmart Neighborhood Market

    7.97 miles

  • Whole Foods Market

    7.98 miles

  • Dillard's

    8.55 miles

  • Fayette Mall

    8.67 miles

  • Macy's

    8.87 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Edgewood Plaza