Jiffy Lube Nicholasville, KY

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