2348 2358 Nicholasville Rd, Lexington

$9,630,000

0 Beds
0 Baths
34,436 Sqft
2.61 Acres
0 Garages

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.

Essential Information
MLS® #1814485
Price$9,630,000
Bathrooms0.00
Square Footage34,436
Acres2.61
Year Built2006
TypeCommercial
Sub-TypeRetail
StatusActive
Community Information
Address2348 2358 Nicholasville Rd
AreaFayette County SE 3
SubdivisionCommercial
CityLexington
CountyFayette
StateKY
Zip Code40503
Additional Information
Date ListedJune 26th, 2018
ZoningB-1

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Listing Provided Courtesy of: Block + Lot Real Estate

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