Ground Lease on US 27 - Between Brannon Crossing & Proposed Bypass

Retail-Commercial for Lease
Catylist Listing ID: 30622707
Property Subtypes: Car Wash, Convenience Store, Free-Standing Building, Garden Center, Parking Facility, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub, Vehicle Related
Contiguous Space: 800 - 4,500 SF
Total Available: 6,100 SF
Gross Building Area: See Agent
Gross Land Area: 0.45 Acres
Lease Rate: $1,000 - 4,500 (Monthly)
$7.50 - 16.50 PSF (Annual)
Lease Types: Ground Lease, Modified Gross, NNN
Last Updated: 11/29/2020

Overview / Comments

$3500-4500/month Ground Lease with the opportunity to utilize the existing building, approx 4500 SF, a previous Minit Mart -OR- scrape the building for a QSR or free standing new construction. Approximately .5 AC available to Ground Lease.

Many possibilities with this B-2 high traffic count/visibility property in Nicholasville, KY. Located directly across the street from Toyota on Nicholasville. Only 3 miles from Brannon Crossing and 1 mile from the densely populated Industry Road business/warehouse district.

Ideally located on the Right side of the road towards Lexington with efficient and safe ingress/egress. Cross easement access for back building tenants.

Expand All 2 Spaces Available

Suite: 100 4,500 SF $3,500 - 4,500 (Monthly) NNN,Ground Lease
Suite: C/D 1,600 SF $1,000 - 2,200 (Monthly) Modified Gross

Additional Details

Nearest MSA: Lexington-Fayette
County: Jessamine
Tax ID/APN: 068-00-00-056.00
Retail Clientele: General, Business, Traveler
Property Visibility: Excellent
Traffic/Vehicle Count: 37,000
Airports: LEX
Site Description: High traffic count on US 27 with easy ingress/egress towards Lexington. Ideal location for the proposed Bypass. Building "as is" or can scrape. $5000/month Ground Lease.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,000 SF
Property Condition: Average
Parking Type: Surface
Zoning Description: B-2
Easements Description: Cross Easement Access with neighboring parcel behind the property

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 21,781 109,976
Median Age: 36.26 34.95
Households: 8,222 44,305


Photograph of Listing Agent

Christa Collins

The Gibson Company KCREA Member
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