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Property profile

0 Lancer Dr Nicholasville, KY 40356

OFF-MARKET
Retail properties & Spaces
15,660 SF Built 22
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Property summary

AI-generated overview

This exceptional Class A commercial property, located within the thriving Brannon Crossing development in Jessamine County, offers 15,660 square feet of versatile space ideal for medical or creative office uses. The single-story building, constructed in 2022, features five suites, with a minimum divisible space of 3,100 square feet and a maximum contiguous space of 3,100 square feet. The property sits on a 1.66-acre lot and is zoned B-3. Its prime location within Brannon Crossing provides unparalleled access to a robust mix of national and local retailers, including Kroger, Marshall's, Home Goods, Hobby Lobby, PetSmart, and Movie Tavern. This established mixed-use development also boasts restaurants, Class A office space, and a 215-unit luxury apartment community. The property benefits from significant future growth potential, with Phase II of The W Apartment Community currently under construction directly behind the center, adding 140 more residential units within a quarter-mile radius (255 total within 1/4 mile). This strategic location ensures high visibility and convenient access for both employees and clients. The property's flexible layout allows for customization to meet diverse business needs, making it an attractive investment opportunity in a rapidly expanding area. The APN is 067-00-00-001.03. Currently, one space is available.

Property profile

Verified
Property type Retail properties & Spaces
Year built 22
Total area 15,660 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Lancer Dr Nicholasville, KY 40356
Nicholasville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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