1001 Elizabeth Street

Retail-Commercial for Sale
Catylist Listing ID: 30656514
Property Subtypes: Car Wash, Convenience Store, Restaurant, Retail-Pad
Building Size (RSF): 9,576 SF
Gross Land Area: 2.50 Acres
Sale Price: $2,250,000
Unit Price: $234.96 PSF
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 9,576 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/4/2021

Overview / Comments

9,576 square foot gas station/convenience store on 2.5 acres of retail land located on Lexington Road in Nicholasville Kentucky. This property consist of two restaurant end caps, car wash, and 5,036 square foot convenience store and has traffic counts above 36,000 cars per day with high visibility and excellent signage.Great opportunity for redevelopment or to operate as an owner occupant. Property can be leased for $12.50 per square foot NNN. This station is currently not operational and is best suited for a long term lease or purchase by an owner/operator.

Additional Details

Nearest MSA: Lexington-Fayette
County: Jessamine
Tax ID/APN: 056-00-00-005.24
Retail Clientele: General
Property Visibility: Excellent
Largest Nearby Street: Lexington Road
Feet of Frontage: 330
Traffic/Vehicle Count: 36,100
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Year Built: 1996
Roof Type: Flat
Parking Type: Structure
Zoning Description: Commercial Retail
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 21,781 101,750
Median Age: 36.26 35.02
Households: 8,222 40,673


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