Edgewood Plaza

Shopping Center for Sale
Catylist Listing ID: 30499177
Property Subtypes: Strip Center
Building Size (RSF): 37,360 SF
Gross Building Area: See Agent
Gross Land Area: 2.94 Acres
Sale Price: $1,975,000
Unit Price: $52.86 PSF
Property Use Type: Net Leased Investment (NNN)
Building Name: Edgewood Plaza
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 9/30/2020

Overview / Comments

Edgewood Plaza is located on South Main Street (US-27)and Edgewood Drive featuring three curb cuts with a signalized entrance. The listing also features two pylon signs with additional monument signage for the remainder of the center. The center is surrounded by dense residential communities and positioned in close proximity to Kroger's, Ollie's Bargain Outlet,Rite Aid, Advance Auto Parts, and additional local and national restaurant concepts.

Further highlighting the growth in Nicholasville, KY, a proposed 11.77 mixed-use development is underway 1/2 mile away from the center on S. Main Street. This planned development will increase traffic count on Main Street and provide additional population to the immediate market.

Additional Details

Nearest MSA: Lexington-Fayette
County: Jessamine
Zoning: B-1
Retail Clientele: General
Property Visibility: Excellent
Largest Nearby Street: US - 27 / S. Main Street
Feet of Frontage: 212
Number of Stories: 1
Property Condition: Good
Year Built: 1964
Roof Type: Flat
Construction/Siding: Concrete
Parking Ratio: 2.9 (per 1000 SF)
Parking Type: Surface
Total Parking Spaces: 107
Heat Source: Central
Air Conditioning: Package Unit
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,847 28,685 38,638
Median Age: 36.17 33.86 35.51
Households: 3,095 10,723 14,348
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