Nicholasville Commercial Property For
For Lease
$12,000/Mo
1001-1007 Elizabeth Street, Nicholasville, KY 40356
COMMERCIAL - Nicholasville, KY
Property Size8,576 SF
Lot Size2.50 Acres
Days on Market114
Property Features for 1001-1007 Elizabeth Street
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning description
B-1
Parking
20
Subdivision
Commercial
Directions
Outbound (South) from Lexington on US 27. Property on Right at Elizabeth St., Nicholasville.
Standard status
Active
APN
056-00-00-005
Size
8,576 SF
Lot size
2.50 Acres
Utilities
Utilities
Phone Available
Sewer type
Public Sewer
Building Details
Year built
1996
Listing Agency:
Bluegrass Sotheby's International Realty
(859) 268-0099
Listed By:
Dan Elkinson
(859) 363-6175
Added: Apr 9
Changed: May 14
Last Checked: Jul 31 at 12:06AM
MLS# 26007433
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Investment Insights
Based on property information with market context.
This commercial property, located in Nicholasville, KY, is available for master lease with an option to purchase. Situated on US 27 at a signalized intersection, the property features high visibility. It includes a gas station, convenience store, two restaurants (one currently under lease), and an additional building suitable for a car wash or auto detailing. Recent renovations include a new roof on the entire building and carwash building, new branded dispensers and canopy trim, and a new underground fuel piping system. Most HVAC, refrigeration, and cooling units have been replaced in the past 2 years. The property offers additional income opportunities with a marquee billboard and two additional spaces inside the building, potentially suitable for a small gaming room, check cashing, or a food concept. The large lot size of 2.5 acres and location provide an amazing future redevelopment opportunity if one chooses to pursue the lease with a purchase option. The property size is 8576 square feet. Fuel incentive/branding must be assumed.
Key Highlights
- High‑visibility location on US 27 at a signalized intersection.
- Master lease available with option to purchase.
- Multiple income streams: Gas station, C‑store, two restaurants, car wash/auto detailing.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.52 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
172
Businesses Nearby
Explore this area
Business Placement
Demographics for 40356, KY
44,381
Population
17,934
Households
2.5
Avg Household Size
39
Median Age
31%
College-Educated
90%
High-School Grad
139.5 sq mi
ZIP Area
318
Density / Sq Mi
$75,264
Median Household Income
$41,427
Median Earnings
$1,020
Median Rent
$246,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Gas station - High visibility commercial property available for master lease in Nicholasville.
Where is this gas station located?
The property is located at 1001-1007 Elizabeth Street Nicholasville, KY.
What is the lease rate?
The lease rate is $12,000 /Mo.
What are key features of this property?
This property features: High‑visibility location on US 27 at a signalized intersection.; Master lease available with option to purchase.; Multiple income streams: Gas station, C‑store, two restaurants, car wash/auto detailing.
