2348-2358 Nicholasville Road, Lexington, KY 40503

2348-2358 Nicholasville Road $9,630,000

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    2348-2358 Nicholasville Road Lexington, KY 40503

    • 34,436 sq.ft.
    • 2.61 Acres
    • Commercial
    MLS# 1814485 | Active

    $9,630,000

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    Days On Market: 234 28 Views
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    Property Details

    Block + Lot is pleased to offer for sale Malabu Heights Plaza located at 2348-2358 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 2348-2358 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.

    • General Features
      • Property Subtype Retail
      • Occupant Type Tenant
      • Driving Directions Located at 2348-2358 Nicholasville Road in Lexington, KY. The property is situated in an irreplaceable and generational A+ location on Nicholasville Road. Nicholasville Road is Lexington's primary retail corridor.
      • Subdivision Commercial
      • Area Fayette County SE 3
      • County Fayette
      • Number of Buildings 2
      • Year Built 2006
    • Building Features
      • Square Footage 34,436
      • Office SqFt 0
      • Retail SqFt 0
      • Warehouse SqFt 0
      • Number of Docks 0
      • Number of Drive-In Doors 0
      • Mens Restrooms 0
      • Womens Restrooms 0
    • Property Features
      • Acres 2.61
      • Lot SqFt 113,692
      • Lot Depth 0
      • Lot Front Footage 0
      • Current Zoning B-1

    Contact

    Berkshire Hathaway HomeServices de Movellan Properties

    Office

    Berkshire Hathaway HomeServices de Movellan Properties

    Office Phone: 859-694-0451

    Neighborhood

    40503 (Lexington) Demographics

    37Median Age
    3,270Population Density (per sq. mile)
    58%College Educated
    $57,679Estimated Median Income
    7,793Estimated Total Home Owners
    4,564Estimated Total Renters
    63% / 37%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    28,924Total Population

    Market Last 30 Days

    $194,500 Median Sales Price
    9 Homes Sold
    32 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $9,630,000
        6/26/2018 3:03:00 PM New in Database Source

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        The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of REALTORS® Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than Berkshire Hathaway HomeServices de Movellan Properties are marked with the IDX logo or the IDX thumbnail logo, and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed.