Flexible Retail
For Sale
$2,850,000
440 E Brannon Rd, Nicholasville, KY 40356
Open-plan commercial space with polished concrete and luxury vinyl flooring.
Property Size15,000 SF
Price / SF$191.53
Days on Market69
Property Features for 440 E Brannon Rd
General Information
Standard status
Active
Size
15,000 SF
Property subtype
Commercial
Building Details
Year Built
2012
Buildings
1
Building Size
15,000 SF
Listing Agency:
Lake Homes Realty
Listed By:
Lake Cumberland Real Estate Professional
(606) 677-0059
Source:
Lakecumberlandky
Added: Aug 8
Changed: Oct 13
Last Checked: Oct 14 at 11:41PM
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 Lake Homes Realty
Investment Insights
Based on property information with market context.
This retail property is a 2012-built commercial building with an expansive open interior and a modern industrial finish package. Polished concrete and luxury vinyl flooring support a range of interior concepts, while the layout can accommodate retail, medical, office, fitness, entertainment, or multi-tenant use as described for the property.
The building is located at 440 E Brannon Rd in Nicholasville, within Brannon Crossing. The surrounding commercial setting includes shopping, restaurants, entertainment venues, medical offices, hotels, and growing residential communities. Abundant parking and visibility within the destination provide practical support for a variety of business formats.
The building is located at 440 E Brannon Rd in Nicholasville, within Brannon Crossing. The surrounding commercial setting includes shopping, restaurants, entertainment venues, medical offices, hotels, and growing residential communities. Abundant parking and visibility within the destination provide practical support for a variety of business formats.
Key Highlights
- 2012‑built retail property at 440 E Brannon Rd, Nicholasville, KY 40356
- Expansive open floor plan supports flexible interior planning
- Modern industrial finish with polished concrete and luxury vinyl flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$141,591
Cap Rate
4.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,831,820
$2.8M
Cap Rate 7%
$2,022,729
$2.0M
Cap Rate 9%
$1,573,233
$1.6M
Market Conditions
NOI Build-Up for 14,880 SF
Gross rent
$214.3K $14.40/SF
− Vacancy
−$12.0K −$0.81/SF
EGI
$202.3K $13.59/SF
− OpEx
−$60.7K −$4.08/SF
NOI
$141.6K $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%
$2,831,820
Cap Rate 7%
$2,022,729
Cap Rate 9%
$1,573,233
Alternative Uses
Best Use
Retail
$2.02M
$1.77M – $2.36M
NOI $141,591 @ 7.0% cap · market cap 4.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.77M
$3.30M – $4.40M
NOI $263,983 @ 7.0% cap · market cap 9.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
50
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Retail space - Open-plan commercial space with polished concrete and luxury vinyl flooring.
Where is this retail space located?
The property is located at 440 E Brannon Rd Nicholasville, KY.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: 2012‑built retail property at 440 E Brannon Rd, Nicholasville, KY 40356; Expansive open floor plan supports flexible interior planning; Modern industrial finish with polished concrete and luxury vinyl flooring
