Map of Property

Edgewood Plaza

115 Edgewood Plaza Dr, Nicholasville, KY 40356

  • For Sale $1,750,000
  • Property Type Retail
  • Property Size 37,360 SF
  • 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

Contacts

broker

Peter Barr Is this you?

Block+Lot

(859) 309-0099

broker

Clay Angelucci Is this you?

Block+Lot

(859) 309-0099

Location

Getting Around

  • Walk Score ®

    64/100 Somewhat Walkable

  • Bike Score ®

    55/100 Bikeable
Powered by Walk Score ®
  • City Nicholasville, KY
  • Neighborhood Nicholasville
  • Zip Code 40356
  • Market Lexington

Points of Interest

  • Speedway

    1.14 miles

  • Speedway

    2.01 miles

  • Chevron

    2.10 miles

  • Bell Place Market

    2.35 miles

  • Marathon

    4.44 miles

  • Sam's Club Gas Station

    5.09 miles

  • Speedway

    7.79 miles

  • BP Gas Station

    7.83 miles

  • Shell

    7.91 miles

  • Circle K

    8.05 miles

  • The Sketch

    4.46 miles

  • The Alley

    4.72 miles

  • The Cage

    4.82 miles

  • Great Wall Trailhead Parking

    5.84 miles

  • Trailhead parking for Jim Beam Nature Preserve

    6.04 miles

  • Eagle Scout Project

    6.04 miles

  • Parking for Dupree Nature Preserve

    6.10 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

  • wha mei

    0.04 miles

  • Hardee's

    0.14 miles

  • Dairy Queen

    0.14 miles

  • Arby's

    0.16 miles

  • McDonald's

    1.07 miles

  • Pizza Hut

    1.30 miles

  • Firehouse Subs

    1.91 miles

  • Copper River Grill

    1.96 miles

  • Culver's

    1.98 miles

  • Raising Caine's

    1.99 miles

  • Kroger

    0.29 miles

  • Walmart Supercenter

    2.24 miles

  • Goodwill

    2.36 miles

  • IGA

    4.60 miles

  • Kohl's

    5.13 miles

  • Kroger

    6.34 miles

  • Kroger

    7.75 miles

  • Walmart Neighborhood Market

    7.97 miles

  • Kroger

    7.97 miles

  • Whole Foods Market

    7.98 miles

Frequently Asked Questions

What is the lease rate for Edgewood Plaza?

Rental asking rate at Edgewood Plaza is $875,000.00/YR.

What is the total square footage of Edgewood Plaza?

Edgewood Plaza totals 37,360 square feet.

Looking for more in-depth information on this property?

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Contact Edgewood Plaza