1001 Elizabeth St

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1001 Elizabeth St

Nicholasville, KY 40356
Business Price
$2.40M
Asset Type
Convenience Store Business-for-sale
Class
Class B

Financials

Real Estate
Not included
Franchise
No

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Convenience store asset available for sale in Nicholasville
  • Total facility square footage measures 8,576 square feet
  • Asking price for the commercial business is $2,399,000
  • Located in a growing suburban market near Lexington
  • Suitable for an experienced retail operator or investor

What's Special

Priced at $2,399,000, this convenience store represents a clear acquisition for an investor or operator looking to establish a footprint in Nicholasville, Kentucky. The property encompasses 8,576 square feet of functional space tailored for high-volume retail operations. Positioned within a growing suburban area of the Lexington metropolitan region, the site benefits from the steady economic activity and residential density characteristic of this Jessamine County municipality. Owners and operators can leverage the substantial footprint for diversified inventory management and point-of-sale efficiency. The layout provides the necessary infrastructure to maintain competitive operations in a busy corridor. Prospective buyers may find this asset suitable for expanding an existing portfolio or entering the retail sector within a stable secondary market. The facility serves a consistent local customer base while capitalizing on the regional traffic flow.

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NOI
$80,000
Cap Rate
3.33%
DSCR
0.56
Underwater
Cash-on-Cash
-8.67%
Monthly Payment
$11,868.943
Annual Cash Flow
$-62,427.317

Location & Travel Times