Brannon Crossing Commercial Lots 3-5

East Brannon Road Nicholasville, KY 40356

East Brannon Road , Nicholasville, KY, 40356
East Brannon Road , Nicholasville, KY, 40356 East Brannon Road , Nicholasville, KY, 40356
FOR SALE
Property Type:
Other Land
Amount:
$2,215,000
Last Verified:
Mar 04, 2021

Highlights

  • Lot 3: +/-1.14 AC at $425,000
  • Lot 4: +/-1.84 AC at $690,000
  • Lot 5: +/-3.38 AC at $1,100,000
  • Zoned: B-2, Highway Business District, which would permit a number of retail and office uses
  • Lots 3 & 4 have frontage on East Brannon Road at the intersection of East Brannon & Grey Oak Lane
  • Brannon Crossing is anchored by Kroger, Movie Tavern, Hobby Lobby, HomeGoods, Petsmart and Marshalls
  • Restaurants include Red Robin Gourmet Hamburgers, Mi Piquena Hacienda, Panera Bread, Bob Evans, McDonald's, Drake's and Asuka
  • Road construction was recently completed to extend East Brannon Road to Tates Creek Road

Description

NAI Isaac is pleased to present lots for sale within Brannon Crossing, a recent development in the Lexington MSA with plans for over 800,000 SF of retail, restaurant, office and entertainment opportunities. The center is anchored by Kroger, Movie Tavern, Hobby Lobby, Petsmart, HomeGoods and Marshalls. Restaurants include the Lexington market's first Red Robin Gourmet Hamburgers, Panera Bread, Bob Evans, McDonald's, Drake's, Asuka and Mi Piquena Hacienda. Located on US 27 (Lexington' s busiest retail corridor) just one mile south of Lexington's Man O' War Boulevard, Brannon Crossing attracts customers from Lexington, Nicholasville and surrounding counties.

Brannon Crossing is on Highway US 27 just one mile south of Man O War Boulevard, the 100+ acre development is strategically located on Lexington's and Nicholasville's busiest roadway. This development attracts customers from Lexington, Nicholasville, and surrounding counties as a destination for dining, shopping and entertainment. Major draws for the center include one of the largest Kroger supermarkets, Marshalls, HomeGoods, Hobby Lobby, Petsmart, and various restaurants and retailers. 467,110 square feet of retail space has been constructed with 95% occupancy.

Nicholasville, Kentucky offers an outstanding location bordering the Fayette County line. In this section of Nicholasville Road south of the Fayette County line to the Nicholasville CBD is viewed as a more cost effective location for businesses that need to service and stay close to Lexington. Commercial development along this section of Nicholasville Road includes three light industrial parks, numerous auto dealerships, churches, golf courses and highway oriented retail businesses. Brannon Crossing is the retail development on Nicholasville Road located closest to Fayette County. Road construction was recently completed to extend East Brannon Road to Tates Creek Road.

Lot Size: 6.36 acres

Map of East Brannon Road , Nicholasville, KY, 40356

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.