750 Richmond Avenue

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750 Richmond Avenue

Nicholasville, KY 40356
Asking Price
$1.60M
Asset Type
Distribution Industrial
Class
Class B

What's Special

Shovel-Ready Nicholasville I-1 Land <p>Shovel-Ready β€” Approved Development Plan in Place</p><p>Three-Building Flex/Industrial Development</p><p>Zoned I-1 Industrial</p><p>4.16 Acres in High-Growth Nicholasville Market</p><p>Adjacent to Lexington β€” Strong Labor & Infrastructure</p><p>44,000 SF of Approved Building Plans</p>

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NOI
$80,000
Cap Rate
5.00%
DSCR
0.84
Underwater
Cash-on-Cash
-3.12%
Monthly Payment
$7,915.927
Annual Cash Flow
$-14,991.124

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