Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Brannon Rd Nicholasville, KY 40356

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Class A medical office suites available.

    Lot size:
    10,452 SF

    Property Features for 0 Brannon Rd

    General Information

    Property type
    Medical Office Space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,452 SF
    Class
    A
    Total Rate
    19162

    Building Details

    Year Built
    2023
    Buildings
    1
    Stories
    1

    Spaces For Lease

    at 0 Brannon Rd, Nicholasville, KY 40356 Contact us
    Unit Available Space 2

    $22 /Mo

    Size
    2,765 SF
    Contact us

    We can help!

    Listing Contact
    Jason Taylor
    Jason Taylor

    Listing Agency: Equity Management Group Inc Listing Agent: Jason Taylor

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This newly constructed, single-story, Class A medical office building (10,452 total square feet) in Nicholasville, KY, offers exceptional visibility from East Brannon Road at a signalized intersection along a major regional traffic corridor (US-27) with 54,008 vehicles per day. Located in Jessamine County's Lexington submarket, this property boasts 52 parking spaces and is ideally suited for medical professionals such as dentists, orthodontists, pediatric dentists, or optometrists. The building, completed in 2023, features three suites, with a minimum divisible space of 1,542 square feet and a maximum contiguous space of 4,444 square feet currently vacant. The building is situated in a high-density area with 142,194 people within a 5-mile radius and an average household income of $107,000. The property offers the opportunity to lease the entire building or individual suites. Conveniently located near Providence Way, this prime location provides excellent access and high visibility for your practice. No elevators are present.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Map

    City
    Nicholasville
    County
    Jessamine
    State
    Kentucky
    Longitude
    -84.524711367753
    Latitude
    37.953425525971

    Nearby Similar for Lease

    • $6,800 /Mo
      108,900 SF

      Nicholasville Gas Station & C-Store

      Gas station and convenience store available for lease in Nicholasville.
      1003 Elizabeth St, Nicholasville, KY 40356
      View Details
    • $1,300 /Mo
      1,100 SF

      Nicholasville Office Space For Rent

      Office space for rent in a convenient Nicholasville location.
      103 Wind Haven Dr, Nicholasville, KY 40356
      View Details
    • $11 SF/Yr
      10,908 SF

      Nicholasville Flex/Industrial Space For Rent

      Versatile flex/industrial space with showroom, office, and warehouse.
      107-109 Means Dr, Nicholasville, KY 40356
      View Details
    • $425 /Mo

      Downtown Nicholasville Office Suites Available

      Individual office suites for lease in downtown Nicholasville, Kentucky.
      205 W Oak St, Nicholasville, KY 40356
      View Details
    • $1,500 /Mo
      8,494 SF

      Nicholasville Office Space For Lease

      Office space available in a prime location near courthouse.
      108 N Main St, Nicholasville, KY 40356
      View Details
    • $5 SF/Yr
      196,119 SF

      Nicholasville Commercial Property with Storage

      Available space in Nicholasville with outside storage and trailer parking.
      500 Memorial Dr, Nicholasville, KY 40356
      View Details
    • $12 SF/Yr
      7,500 SF

      Nicholasville Flex Warehouse Space

      New flex warehouse buildings designed for modern, scalable businesses.
      3177 Catnip Hill Rd, Nicholasville, KY 40356
      View Details
    • $16 SF/Yr
      1,226 SF

      Nicholasville Retail Space For Lease

      Retail space available for lease in Nicholasville, Kentucky.
      114 Blueberry Ln, Nicholasville, KY 40356
      View Details
    • Contact for pricing
      4,755 SF

      Retail Space in Nicholasville

      Retail space available for lease in Nicholasville, Kentucky.
      981 South Main St, Nicholasville, KY 40356
      View Details
    • $13 SF/Yr
      3,000 SF

      Prime Nicholasville Office Space

      Executive & medical suites available.
      100 John Sutherland Dr, Nicholasville, KY 40356
      View Details
    • $22 SF/Yr
      52,388 SF

      Shoppes at Brannon Retail Center

      Nicholasville, KY Retail Space Available
      211-231 Brannon Rd, Nicholasville, KY 40356
      View Details
    • Contact for pricing
      121,096 SF

      Brannon Crossing Commercial Land

      Prime Jessamine County land, two lots available.
      380 Brannon Rd, Nicholasville, KY 40356
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Class A medical office suites available.
    Where is this medical office space located?
    The property is located at Brannon Rd Nicholasville, KY.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: New 10,452 SF Class A medical office building in Nicholasville, KY.; Exceptional visibility on East Brannon Road at a signalized intersection on US-27 (54,008 VPD).; 52 parking spaces; three suites (1,542 SF minimum, 4,444 SF maximum contiguous space available).
    (859) 266-1414 Call to check price and availability
    Request Owner's contact information
    Brannon Rd Nicholasville, KY 40356
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Brannon Rd
    Nicholasville, KY 40356
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Brannon Rd Nicholasville, KY 40356
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jason Taylor
    Jason Taylor
    Real Estate License ID: 72700
    (859) 266-1414 (502) 472-7546
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!