2348 Nicholasville Road Lexington, KY $ 9,630,000
2348 Nicholasville Road
$ 9,630,000

2348 Nicholasville Road Lexington, KY, 40503

$ 9,630,000
Bedrooms Baths0.0 Sq 34,436

Monthly Estimate*

$ 37,337

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2348 Nicholasville Road, Lexington, KY 40503 - Image 1
2348 Nicholasville Road, Lexington, KY 40503 - Image 2

Commercial Property for sale in Lexington, KY

for $9,630,000. This 34,436 square foot building was built in 2006 on a lot size of 2.61 Acre(s).

Block + Lot is pleased to offer for sale Malabu Heights Plaza located at 2 Nicholasville Road in Lexington, KY. Malabu Heights consists of two retail strip buildings totaling 34, 436 SF. Currently 96.08% occupied with 15 tenants, this investment provides an opportunity to spread risk through multiple internet resistant uses while also enabling the investor to add value in a highly stabilized retail market. Malabu Heights Plaza is located at 2 Nicholasville Road in Lexington, KY. The property is situated inside of New Circle Road in an irreplaceable and generational A+ location on Nicholasville Road. Nicholasville Road is Lexington's primary retail corridor consisting of traffic counts of 43, 989 (ADT). Nicholasville Road connects retail to the major health care systems, to the University of Kentucky, and to the Central Business District. The property is located approximately 1.8 miles from the University of Kentucky, which has over 28, 000 students enrolled.

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Commercial Active

Price

$ 9,630,000

Property Type

Commercial

Taxes

$ 0

Style

Retail

Lot Size

2.61 Acre(s)

Year Built

2006

Town/City

Lexington

County/Region

Fayette

MLS | Web ID

1814485

Features
Miscellaneous
Occupied Tenant
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Block + Lot Real Estate

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Affordability

$ 37,337 per month
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Monthly Principal & Interest
$37,337
Monthly Property Taxes
--
Monthly Home Insurance
--

Default based on a 30-year fixed rate of 4.125% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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2348 Nicholasville Road, Lexington, KY, 40503 is a Commercial Property for sale at $9,630,000 with 34,436 sqft and a lot size of 2.61 Acre(s). 2348 Nicholasville Road has 0.0 baths and was built in 2006. The property's zip code is 40503 which is in Lexington, KY