4089 Lexington Road
Nicholasville, KY
Price:
$3,298,000
Cap Rate:
5.60%
NOI:
$195,967
Building Size:
Approx. 4,042 Sq. Ft.
Lot Size:
Approx. 1.32 Acres
Type:
Single-Tenant / Retail
Sub Category:
Automotive Service
Year Built:
2020
Investment Overview
- 2020 Construction. 4,042+/- SF Building on 1.32+/- Acre Site
- 15-Yr Corp NNN Lease w/ 10% Rent Bump Every 5-Yrs
- Located near Lexington Road (63,000 VPD)
- Less than 6 Miles from Blue Grass Airport (1.3 Million Passengers Annually)
- Near Walmart, Pet Smart, Kroger, Lowes, Marshalls, Whole Foods, Cracker Barrel
- Strong Income Demographics w/ est. $113,982 within a 1-Mile Radius
- Nicholasville I Kentucky’s 7th Fastest Growing City I Population: 29,547