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Property profile & analytics
FOR SALE
Strip malls

863 N Main St Nicholasville, KY 40356

Built 2008
Property ID
US34-Q009232
Property summary
AI-generated overview

851-863 N. Main Street sits on US-27 — Nicholasville's primary north-south arterial and the dominant retail corridor connecting Nicholasville to south Lexington. The property is positioned within the Walmart Supercenter retail node, Jessamine County's busiest concentration of national and regional retailers, with a deep co-tenancy of Tractor Supply, Bargain Hunt, Planet Fitness, Walgreens, Advance Auto Parts, KOI Auto Parts, Goodwill, McDonald's, Wendy's, Culver's, Papa John's, AT&T, and Verizon. Five miles north, the Brannon Crossing trade area extends the corridor's commercial gravity with Kroger, Hobby Lobby, Marshalls, HomeGoods, and PetSmart serving the Nicholasville–south Lexington consumer. Nicholasville is one of Kentucky's fastest-growing cities, and Jessamine County has grown more than 19% since 2010 to nearly 58,000 residents. The property's three-mile trade area captures over 32,000 people, and the five-mile ring captures more than 42,000, with median household incomes in the high-$60Ks to low-$70Ks — a solidly middle-market consumer base aligned with the corridor's value-and-essential retail mix. Median age is approximately 38, with strong family household density. Nicholasville is part of the Lexington-Fayette MSA, the second-largest metro in Kentucky, a region consistently ranked among America's top places to live and do business by Forbes, U.S. News, and others. The Bluegrass region offers a diverse economy anchored by the University of Kentucky, the world's premier Thoroughbred industry (Keeneland Race Course), strong healthcare (UK HealthCare, Baptist Health), advanced manufacturing, and growing logistics distribution. Quality of life, affordable cost of occupancy, and a deep, established consumer base make this one of Central Kentucky's most attractive retail trade areas.SVN Stone Commercial Real Estate is pleased to offer this 12,800 SF multi-tenant retail center at 851-863 N. Main Street in Nicholasville, KY — anchored squarely in the Walmart-driven retail node along US-27. The property comprises three tenant suites on a 1.35-acre site, surrounded by Walmart Supercenter, Tractor Supply, Bargain Hunt, Planet Fitness, Workout Anytime, Walgreens, Advance Auto Parts, KOI Auto Parts, Goodwill, and a deep QSR and service cluster. Offered at $1,865,000 ($146/SF). Ideal for owner-occupants seeking a flexible junior-box footprint plus in-place income, or investors seeking multi-tenant retail in one of Kentucky's fastest-growing markets. Confidentiality Agreement required to access the rent roll and financials. Please contact Justin Ryder, CCIM at 859-447-3285 // .SVN Stone Commercial Real Estate is pleased to offer this 8,000 SF right-end cap retail suite at 863 N. Main Street in Nicholasville, KY — anchored squarely in the Walmart-driven retail node along US-27. Suite 863 is part of a 3 tenant retail strip and offers a flexible junior-box footprint with prominent end-cap visibility, abundant on-site parking, and immediate proximity to the highest-traffic generators in Jessamine County. Join established in-place co-tenants in this three-suite multi-tenant strip, surrounded by Walmart Supercenter, Tractor Supply, Bargain Hunt, Planet Fitness, Workout Anytime, Walgreens, Advance Auto Parts, KOI Auto Parts, Goodwill, and a deep QSR and service cluster. Available Fall 2026 at $14.00/SF/yr NNN. Ideal for retail, fitness, medical, value apparel, dollar-format, furniture, or owner-occupant users targeting Nicholasville's strongest commercial corridor. For more information, please contact Justin Ryder, CCIM at 859-447-3285 // .

Property profile
Verified
Property type Strip malls
Year built 2008
UPID US34-Q009232
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Aaron's Rent To Own Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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