Multi-Tenant Retail Center For Sale

Highlights:

• $1,865,000 list price | $146/SF
• 12,800 SF multi-tenant retail center on a 1.35-acre site
• Located on Nicholasville's primary US-27 / N. Main Street commercial corridor
• Walmart Supercenter–anchored retail node — immediately adjacent to Tractor Supply, Bargain Hunt, Planet Fitness, Walgreens, Advance Auto Parts
• High-traffic US-27 corridor — ~18,200 VPD (KYTC)
• Right end-cap suite of 8,000 SF — flexible junior-box footprint with strong signage exposure to N. Main Street; potential availability Fall '26
• Owner-occupant opportunity: flexible junior-box footprint plus in-place income from a multi-tenant retail asset
• Investor opportunity: multi-tenant retail with in-place income on a primary commercial corridor
• 5-mile trade area: 42,000+ residents, ~$71,000 median household income
• Located within the Lexington-Fayette MSA — Kentucky's second-largest metro
• B-2 zoning supports flexible retail, fitness, medical, dollar-format, furniture, and owner-occupant uses
• Ample on-site parking
• 8,000 SF junior-box suite also available for lease at $14.00/SF/yr NNN — listed by SVN Stone Commercial Real Estate

Description:

SVN Stone Commercial Real Estate is pleased to offer this 12,800 SF multi-tenant retail center at 851-863 N. Main Street in Nicholasville, KY — anchored squarely in the Walmart-driven retail node along US-27. The property comprises three tenant suites on a 1.35-acre site, surrounded by Walmart Supercenter, Tractor Supply, Bargain Hunt, Planet Fitness, Workout Anytime, Walgreens, Advance Auto Parts, KOI Auto Parts, Goodwill, and a deep QSR and service cluster. Offered at $1,865,000 ($146/SF). Ideal for owner-occupants seeking a flexible junior-box footprint plus in-place income, or investors seeking multi-tenant retail in one of Kentucky's fastest-growing markets. Confidentiality Agreement required to access the rent roll and financials. Please contact Justin Ryder, CCIM at 859-447-3285 // Justin.Ryder@svn.com.

851-863 N. Main Street sits on US-27 — Nicholasville's primary north-south arterial and the dominant retail corridor connecting Nicholasville to south Lexington. The property is positioned within the Walmart Supercenter retail node, Jessamine County's busiest concentration of national and regional retailers, with a deep co-tenancy of Tractor Supply, Bargain Hunt, Planet Fitness, Walgreens, Advance Auto Parts, KOI Auto Parts, Goodwill, McDonald's, Wendy's, Culver's, Papa John's, AT&T, and Verizon. Five miles north, the Brannon Crossing trade area extends the corridor's commercial gravity with Kroger, Hobby Lobby, Marshalls, HomeGoods, and PetSmart serving the Nicholasville–south Lexington consumer.

Nicholasville is one of Kentucky's fastest-growing cities, and Jessamine County has grown more than 19% since 2010 to nearly 58,000 residents. The property's three-mile trade area captures over 32,000 people, and the five-mile ring captures more than 42,000, with median household incomes in the high-$60Ks to low-$70Ks — a solidly middle-market consumer base aligned with the corridor's value-and-essential retail mix. Median age is approximately 38, with strong family household density. Nicholasville is part of the Lexington-Fayette MSA, the second-largest metro in Kentucky, a region consistently ranked among America's top places to live and do business by Forbes, U.S. News, and others. The Bluegrass region offers a diverse economy anchored by the University of Kentucky, the world's premier Thoroughbred industry (Keeneland Race Course), strong healthcare (UK HealthCare, Baptist Health), advanced manufacturing, and growing logistics distribution. Quality of life, affordable cost of occupancy, and a deep, established consumer base make this one of Central Kentucky's most attractive retail trade areas.

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