End-Cap Retail
863 N Main St, Nicholasville, KY 40356
New
Right-end cap suite in a three-tenant strip along US-27, positioned within a dense national retail node.
Type:Retail - Strip
Property size:
12,800 SFLot size:
1.35 AcresPrice / SF:
$145/SF- Added:
- Jun 23, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 25 at 8:14 pm
Property Features for 863 N Main St
General Information
- Standard status
- Active
- Size
- 12,800 SF
- Lot size
- 1.35 Acres
- Property subtype
- Retail - Strip
Building Details
- Year Built
- 2008
Listing office SVN | Stone Commercial Real Estate
Listing date Jun 23, 2026
Source Commercialcafe
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
HighLights
- 12,800 SF multi‑tenant retail center (851‑863 N. Main St.) built in 2008 on a 1.35‑acre site
- Three tenant suites; right‑end cap retail suite at 863 N. Main St. is 8,000 SF within a three‑tenant strip
- Located along US‑27 in Nicholasville within the Walmart Supercenter retail node with major co‑tenants nearby
- 863 suite available Fall 2026 at $14.00/SF/yr NNN
- Multi‑tenant strip offers abundant on‑site parking and immediate proximity to high‑traffic generators in Jessamine County
Overview
Suite 863 is an 8,000 SF right-end cap retail unit located within a three-tenant multi-tenant retail strip at 851-863 N. Main Street. The space is described as a flexible junior-box footprint with prominent end-cap visibility and abundant on-site parking, supporting a range of storefront and service-oriented uses.
The property sits on US-27, identified as Nicholasville’s primary north-south arterial and dominant retail corridor. The retail center is positioned within the Walmart Supercenter retail node in Jessamine County and is surrounded by major national and regional tenants, including Tractor Supply, Bargain Hunt, Planet Fitness, Workout Anytime, Walgreens, Advance Auto Parts, KOI Auto Parts, and Goodwill, along with a deep QSR and service cluster.
For tenants seeking a location within this established retail draw, Suite 863 offers a co-tenancy-friendly address in a concentrated commercial environment anchored by Walmart. The suite is available for occupancy in Fall 2026. Lease terms are offered on an NNN basis at $14.00/SF per year, providing a straightforward retail configuration for operators looking to serve the Nicholasville US-27 corridor.
The property sits on US-27, identified as Nicholasville’s primary north-south arterial and dominant retail corridor. The retail center is positioned within the Walmart Supercenter retail node in Jessamine County and is surrounded by major national and regional tenants, including Tractor Supply, Bargain Hunt, Planet Fitness, Workout Anytime, Walgreens, Advance Auto Parts, KOI Auto Parts, and Goodwill, along with a deep QSR and service cluster.
For tenants seeking a location within this established retail draw, Suite 863 offers a co-tenancy-friendly address in a concentrated commercial environment anchored by Walmart. The suite is available for occupancy in Fall 2026. Lease terms are offered on an NNN basis at $14.00/SF per year, providing a straightforward retail configuration for operators looking to serve the Nicholasville US-27 corridor.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $184.3k | $14.40 |
| − Vacancy | −$10.3k | −$0.81 |
| EGI | $174.0k | $13.59 |
| − OpEx | −$52.2k | −$4.08 |
| NOI | $121.8k | $9.52 |
12,800 SF · lease $14.40/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.74M
$1.52M – $2.03M
NOI $121,799 @ 7.0% cap · market cap 6.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.24M
$2.84M – $3.78M
NOI $227,082 @ 7.0% cap · market cap 12.18%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Aaron's Rent To Own
Electronics & Wireless Store
Location Insight
- Map
- Local Demand
- City
- Nicholasville
- County
- Jessamine
- State
- Kentucky
- Longitude
- -84.566468
- Latitude
- 37.896006
Nearby Similar for Sale
FAQs
What type of property is this?
Strip mall - Right-end cap suite in a three-tenant strip along US-27, positioned within a dense national retail node.
Where is this strip mall located?
The property is located at 863 N Main St Nicholasville, KY.
What is the asking price?
The asking price for this property is $1,865,000.
What are key features of this property?
This property features: 12,800 SF multi‑tenant retail center (851‑863 N. Main St.) built in 2008 on a 1.35‑acre site; Three tenant suites; right‑end cap retail suite at 863 N. Main St. is 8,000 SF within a three‑tenant strip; Located along US‑27 in Nicholasville within the Walmart Supercenter retail node with major co‑tenants nearby
