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Office Units with Lab Space
For Lease
$10 SF/Yr Modified Gross

232 N Plaza Dr, Nicholasville, KY 40356

B-1-zoned professional office units offer equipped lab space, adaptable offices, and building signage availability.

Space SizeContact for details
Days on Market137

Property Features for 232 N Plaza Dr

General Information

Standard status Active
Property subtype Office
Zoning B-1
Lease Type Modified Gross

Amenities

Water
Sewer

Building Details

Tenancy Multiple Tenants

Spaces For Lease

at 232 N Plaza Dr Contact us

Available Space $15/Mo

Contact us

Available Space $10/Mo

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Listing Agency: NAI Isaac
Listed By: Jim Kemper · License ##189559
Source: Kcrea.resimplifi
Added: Apr 17 Changed: Aug 29 Last Checked: Aug 31 at 12:47PM

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 NAI Isaac

Investment Insights

Based on property information with market context.

The property comprises a +/-10,000 SF professional office building with condominium units available for lease. The 1st Floor Condo contains +/-3,380 SF of lab space with equipment, while the 2nd Floor Condo provides +/-4,455 SF of office space that can be subdivided. Shared and unit features include a reception area, 9 private offices, open workspace, a breakroom, and 3 restrooms.

Second-floor occupants can use available building signage, and back-up generator capacity is available. The property is located at 232 N Plaza Dr in Nicholasville, Kentucky, near retailers including Walmart, Applebee's, Sonny's BBQ, Bruster's Ice Cream, Peppers Mexican Restaurant, Zaxby's, and Dairy Queen. Rent includes operating expenses, utilities, and janitorial service.

Key Highlights

  • 1st Floor Condo includes +/-3,380 SF of lab space with equipment
  • 2nd Floor Condo offers +/-4,455 SF of office space and can be subdivided
  • Professional office building totals +/-10,000 SF

Property Analytics

Current Use

KCA Laboratories Laboratory

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Spa & Massage Center HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

320
Businesses Nearby

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

Lease Benchmarks for Nicholasville, KY

$11.65 /SF/Yr
Avg Asking Price
$7.5–$18 /SF/Yr
Price Range
6,692 SF
Avg Space Size

This space is priced 14% below the average of $11.65 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - B-1-zoned professional office units offer equipped lab space, adaptable offices, and building signage availability.
Where is this office units located?
The property is located at 232 N Plaza Dr Nicholasville, KY.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 1st Floor Condo includes +/-3,380 SF of lab space with equipment; 2nd Floor Condo offers +/-4,455 SF of office space and can be subdivided; Professional office building totals +/-10,000 SF
More about this property
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