Lot 33 Brannon Crossing

Lexington Road Nicholasville, KY 40356

Lexington Road, Nicholasville, KY, 40356
Lexington Road, Nicholasville, KY, 40356
FOR SALE
Property Type:
Other Land
Amount:
$1,025,000
Last Verified:
Feb 23, 2021

Highlights

  • 2.23 acres of development land located in one of Lexington's newest development areas.
  • One of the larger lots in the development.
  • Centre includes Kroger, AmStar Cinemas, Hobby Lobby, Petsmart, Marshalls, Red Robin, Panera Bread, Bob Evans, and McDonald's.
  • Located on the busy Highway US 27 connecting Nicholasville and Lexington.
  • Site is ideal for retail, restaurants or freestanding retail user.

Description

SVN Stone Commercial Real Estate is pleased to offer this 2.23 acre lot in one of Lexington's newest retail development areas with over 800,000 sf of retail, restaurant, medical office and entertainment offerings. This property would be suited for retail, restaurant or freestanding retail users. There is an average daily traffic count of 38,943 cars on US 27. Priced at $1,025,000 this property is ready for an offer.

Contact Earl Brady at 859-264-0888 or earl.brady@svn.com for more information. Listing is co-listed with Ketan Patel, contact at 859-327-7078.

Positioned in the heart of Kentucky's Bluegrass region, on the outskirts of Lexington, Nicholasville is in the seventh fastest growing county in Kentucky. The area is known for its rural beauty, music heritage and historical significance. Nicholasville also has affordable housing with elbow room, excellent schools, bountiful recreational opportunities and unique shopping and dining venues. On top of that, it has retained its friendly, less rushed atmosphere.

Lot Size: 2.23 acres

Map of Lexington 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.