Retail Suites in Growing
For Sale
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111-141 Bethel Harvest Drive, Nicholasville, KY 40356
Retail suites available in a new construction building.
Property Size8,870 SF
Days on Market334
Property Features for 111-141 Bethel Harvest Drive
General Information
Standard status
Active
Size
8,870 SF
Class
A
Property subtype
Office
Lease Term
NNN
Building Details
Building Size
8,870 SF
Properties For Sale
at 111-141 Bethel Harvest Drive Contact us111-141 Bethel Harvest Drive
Size
4,435 SF
Term
Negotiable
131 Bethel Harvest
Size
1,935 SF
Term
Negotiable
141 Bethel Harvest
Size
2,500 SF
Term
Negotiable
Listing Agency:
SVN Stone Commercial Real Estate
Listed By:
Weston Lockhart · License #245654
(859) 317-3538
Source:
Svn
Added: Nov 21, 2025
Changed: Oct 9
Last Checked: Oct 20 at 7:07PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN Stone Commercial Real Estate
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Investment Insights
Based on property information with market context.
Located at 111-141 Bethel Harvest Drive in Nicholasville, Kentucky, two retail suites are available. One is a 2,500-square-foot drive-thru end cap, and the other is a 1,935-square-foot inline unit. The property is suitable for a range of retail or service uses. Situated on Lexington Road, the location offers excellent visibility and access. The area is experiencing significant growth, with several large developments underway, including a new Menards, an upcoming grocer, and additional retail and mixed-use projects. This new construction property features a tenant mix that includes Unify Coffee and Magnolia Dentistry. The building is positioned within a retail corridor, providing an opportunity to capitalize on the area's continued growth and increasing consumer demand. The property is in close proximity to upcoming Menards and grocery anchored developments and is anchored by Steak N Shake, Unify Coffee and Magnolia Dentistry.
Key Highlights
- Excellent visibility and access on Lexington Road, poised for significant growth.
- New construction property with a strong tenant mix, including Unify Coffee and Magnolia Dentistry.
- Located in a thriving retail corridor with increasing consumer demand.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,403
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,688,060
$1.7M
Cap Rate 7%
$1,205,757
$1.2M
Cap Rate 9%
$937,811
$937.8K
Market Conditions
NOI Build-Up for 8,870 SF
Gross rent
$127.7K $14.40/SF
− Vacancy
−$7.2K −$0.81/SF
EGI
$120.6K $13.59/SF
− OpEx
−$36.2K −$4.08/SF
NOI
$84.4K $9.52/SF
Area
Jessamine County, KY
Vacancy
5.60%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,688,060
Cap Rate 7%
$1,205,757
Cap Rate 9%
$937,811
Alternative Uses
Best Use
Specialty Retail
$1.47M
$1.29M – $1.72M
NOI $103,243 @ 7.0% cap · market cap 397,088.46%
Second Best
Retail
$1.21M
$1.06M – $1.41M
NOI $84,403 @ 7.0% cap · market cap 324,626.92%
Theoretical Best
Office A
$2.25M
$1.97M – $2.62M
NOI $157,361 @ 7.0% cap · market cap 605,234.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
504
Businesses Nearby
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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
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Retail suites available in a new construction building.
Where is this retail space located?
The property is located at 111-141 Bethel Harvest Drive Nicholasville, KY.
What are key features of this property?
This property features: Excellent visibility and access on Lexington Road, poised for significant growth.; New construction property with a strong tenant mix, including Unify Coffee and Magnolia Dentistry.; Located in a thriving retail corridor with increasing consumer demand.
