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For Sale | FULLY OCCUPIED RETAIL & INDUSTRIAL PORTFOLIO

$4,700,000

2044 Lexington Road, Nicholasville, KY 40356

Active
Last Updated: 09/09/2026

39,800 sqft

Building Size

9.88 acres

Lot Area

Details:
Building Size:    39,800 sqft
Lot Area:    9.88 acres
Highlights:
  • ±9.88 Acres | ±39,800 SF | 8 Parcels | 5 Buildings
  • Diversified Income-Producing Tenant Base
  • Prime US 27 Frontage & Visibility
  • Flexible Office, Retail, Warehouse & Service Space
  • 12'–16' Clear Heights | Grade-Level Overhead Doors
  • Well-Maintained Buildings with Dedicated Systems
  • Significant Value-Add & Development Potential
  • Tenant and Financial Information available after signing a Confidentiality Agreement
Description:

SVN l Stone Commercial Real Estate is pleased to bring to market this Industrial/Retail Portfolio located at 2044–2050 Lexington Road and 200–233 Two Oaks Drive in Nicholasville, Jessamine County, Kentucky. The portfolio consists of eight parcels totaling approximately 9.88 acres, with five buildings comprising approximately 39,800 square feet and three additional vacant, buildable land parcels, available for sale at $4,700,000.

The buildings feature steel I-beam framing on steel-reinforced poured concrete footers and slab, with exteriors of prefabricated metal panels and brick/block facades under standing-seam metal roofs.

Interiors offer flexible office, showroom, and warehouse configurations with warehouse clearances ranging from approximately 12' to 16', along with grade-level overhead doors. Heating and cooling is provided by central gas/electric systems, and each building is served by its own septic tank. The properties are well maintained and currently support an established, diversified tenant base spanning retail, service, automotive, pet-related, and light-industrial uses.

The portfolio sits directly on Lexington Road (US 27), offering strong retail frontage and visibility. In addition to the income-producing buildings, the three vacant parcels provide upside for future retail or commercial development, while below-market, largely short-term leases across the existing buildings offer a clear path to value-add through rental growth, lease restructuring, and occupancy gains in an industrial market with limited supply.

There are current tenants and income on the property; prospective buyers can sign a confidentiality agreement to access more information about the tenants and the financials.

This offering presents an excellent opportunity for an investor seeking a diversified, income-producing portfolio with substantial upside through redevelopment and lease-up in a growing Central Kentucky market.

Nicholasville, Kentucky is a vibrant city located in Jessamine County, just south of Lexington. With a population of approximately 30,000 residents, Nicholasville offers a delightful blend of small-town charm and urban amenities. Demographically, Nicholasville reflects a diverse community. The city boasts a median age of 35 years, indicating a balanced mix of young professionals, families, and retirees. Nicholasville's strategic location in the heart of the Bluegrass region allows for easy access to the natural beauty and recreational opportunities offered by the surrounding countryside. From hiking and fishing to horseback riding and golfing, outdoor enthusiasts will find an abundance of options to explore. Overall, Nicholasville, KY is a welcoming and dynamic city, attracting individuals and families seeking a high quality of life, a strong sense of community, and a thriving economy. With its diverse demographics, excellent education system, and ample recreational amenities, Nicholasville presents an ideal blend of small-town charm and urban convenience.

Map:
Documents:
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Public_Brochure_-_2044_Lexington_Rd.pdf
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