2348 Nicholasville Road Lexington, KY, 40503
$ 9,630,000Bedrooms Baths0.0 Sq 34,436
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.
List By Block + Lot Real Estate
- Monthly Principal & Interest
- 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.
Learn more about how to save
Save time & pre-qualify for a mortgage in minutes.
Commerical listings in Lexington, KY
Average List Price $1,703,251
Percent of Sale Price 82 %
About Lexington, KY
19 % Since 2002
$ 49,858 Median Income
34.93 Median Age
27 % Households with Children