363 Versailles Rd Frankfort, KY 40601

This exceptional investment opportunity presents a fully occupied, multi-tenant retail property encompassing 15,800 square feet on a 1.58-acre lot in Frankfort, Kentucky. The property, situated at 363 Versailles Rd, benefits from a prime location just off US 60 and 1.8 miles from I-64, providing excellent visibility and accessibility. The center boasts three tenants under a gross lease structure with a remaining lease term of 3 years and 100% occupancy, generating a strong net operating income (NOI) of $117,273 and an 8.00% cap rate. The asking price is $1,465,312, translating to a price per square foot of $92.74. The property consists of two buildings and is zoned for commercial use, with the APN listed as 086-10-06-001.00. This stabilized investment is strategically positioned between Lexington and Louisville, offering easy access to Cincinnati and benefiting from the proximity to major retailers such as Dollar General, Dollar Tree, Kroger, Walgreens, and McDonald's. The property's strong tenant mix, high occupancy rate, and prime location make it an attractive investment opportunity with significant potential for future growth. The property is classified as a Day Care/Nursery and Shopping Center.