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    151 Hendren Way Nicholasville, KY 40356
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    Property profile & analytics

    151 Hendren Way Nicholasville, KY 40356


    • Commercial real estate
    • 3.84 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 151 Hendren Way

    Year built
    1995
    Lot size
    3.84 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional commercial property, located at 151 Hendren Way in Nicholasville, Kentucky, presents a significant investment opportunity. The property encompasses a substantial 3.84 acres and features three interconnected buildings totaling over 67,000 square feet of warehouse space, offering significant expansion potential of an additional 26,000 square feet. The main building comprises approximately 12,000 square feet, including roughly 800 square feet of well-appointed office space. This office area boasts a restroom, kitchenette, and central HVAC, with the possibility of expanding to a second floor. The attached warehouse section features natural gas heat, two drive-in bays, two loading docks, and impressive 18-foot walls with a 22-foot peak. A second building, totaling approximately 30,000 square feet, is equipped with a sprinkler system, natural gas heat, two restrooms, compressed air throughout, three-phase electric with strategically placed drops, four loading docks, one drive-in bay, and predominantly LED lighting. This building also boasts 18-foot walls with a 22-foot peak. The third building, also sprinklered and with natural gas heat, offers approximately 25,241 square feet of space, including a fourth restroom, two loading docks, and 15-foot walls with a 25-foot peak. Currently leased through February 2029, with three additional three-year lease options, this property enjoys consistent occupancy since 2017, with full occupancy across all three buildings achieved in 2022. The asking price for this substantial property is $3,600,000.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Nicholasville
    County
    Jessamine
    State
    Kentucky
    Longitude
    -84.6003
    Latitude
    37.8699
    More about this property
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