Edgewood Plaza
115 Edgewood Plaza Dr, Nicholasville, KY 40356
We are pleased to bring to market Edgewood Plaza located at 115 Edgewood Plaza in Nicholasville, KY. This 37,360 SF (per PVA) shopping center is a three tenant center anchored Dollar General and Napa Auto Parts. This investment provides the unique opportunity for a value add investor to acquire a stabilized asset and reposition value by purchasing the property at a below replacement cost low basis ($46.84/SF), add term length, increase in place below market rents, and flipping lease structures to true NNN. The property has abundant parking and approximately 170 feet of South Main Street frontage.
Property Highlights:
• Substantially below replacement cost ($46.84/SF)
• Value add opportunity
• National credit anchors
• Lexington MSA
• Stabilized asset with 7% in place Cap Rate
• Contact Agents for financials
Reach out to the broker for more info on lease terms and amenities
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Contacts

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Building Details
- For Sale $1,750,000
- Property Type Retail
- Property Size 37,360 SF
- Date Updated Jan 23, 2025
Getting Around
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Walk Score ®
Somewhat Walkable (64) -
Bike Score ®
Bikeable (55)
Location
- City Nicholasville, KY
- Zip Code 40356
- Market Lexington
Points of Interest
Chevron
2.10 miles
Bell Place Market
2.35 miles
BP
4.41 miles
Marathon
4.44 miles
Sam's Club Gas Station
5.09 miles
Kroger
6.40 miles
Tates Creek Mini Mart
7.08 miles
The Alley
4.72 miles
The Cage
4.82 miles
Asbury Trails Parking
5.84 miles
Trailhead parking for Jim Beam Nature Preserve
6.04 miles
Parking for Dupree Nature Preserve
6.11 miles
Sally Brown Nature Preserve Parking
6.99 miles
Tom Dorman Nature Preserve
7.73 miles
LCA Junior High Drop Off Lot
8.78 miles
LCA Employee Lot
8.78 miles
Walmart Supercenter
2.24 miles
Goodwill
2.36 miles
IGA
4.60 miles
Kohl's
5.13 miles
Walmart Neighborhood Market
7.97 miles
Whole Foods Market
7.98 miles
Dillard's
8.55 miles
Fayette Mall
8.67 miles
Macy's
8.87 miles
115 Edgewood Plaza Dr Listing Summary
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What is the asking price at Edgewood Plaza?
Edgewood Plaza is currently listed for sale at $1,750,000.
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What is the total size of Edgewood Plaza?
Edgewood Plaza has a total of 37,360 square feet.