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    1019 Cumberland Falls Hwy Corbin, KY 40701

    Sponsored
    For Lease
    $10 SF/Yr

    Thriving Corbin, KY retail center; high traffic.

    Lot size:
    123,876 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity is located within the established Kroger Shopping Center in Corbin, Kentucky. The center boasts a total of 123,876 square feet across a single building and enjoys a prime location along Cumberland Falls Parkway, experiencing over 16,000 vehicles daily. This ensures excellent visibility and accessibility for your business. The center has maintained near 100% occupancy for 30 years, demonstrating its strong tenant base and consistent success. Current tenants include a Kroger grocery store (anchor tenant), Workout Anytime, Rent-a-Center, Grace Health, Appalachian Wireless, and others, creating a synergistic retail environment. A former Family Dollar space, totaling 9,000 square feet, is available and divisible down to 4,500 square feet, presenting a flexible option for various business needs. This is a rare vacancy in a highly sought-after location, offering a chance to establish or expand your business within a thriving commercial hub. The property is zoned commercial and offers multiple tenancy options. This opportunity provides excellent visibility and access to a significant daily traffic count, making it an ideal location for a variety of retail businesses.

    Property Features for 1019 Cumberland Falls Hwy

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    123,876 SF
    Total Rate
    108391.5

    Building Details

    Buildings
    1

    Unit(s) available at that property

    Space
    Former Family Dollar - 4,500 - 9,000 SF
    Size
    9,000 SF
    Rate per SF
    $10

    HighLights

    • 123,876 square foot retail center in Corbin, KY.
    • Located at the Kroger Shopping Center, a prime retail location with high visibility.
    • Features a strong tenant mix including Kroger, Workout Anytime, Rent‑a‑Center, Grace Health, and Appalachian Wireless.
    • High traffic count exceeding 16,000 vehicles per day on Cumberland Falls Parkway.
    • Available space totaling 9,000 square feet, divisible to 4,500 square feet; previously occupied by a Family Dollar.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Corbin
    County
    Whitley
    State
    Kentucky
    Longitude
    -84.1047512
    Latitude
    36.9283816

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    FAQs

    What type of property is this?
    Individual retail property - Thriving Corbin, KY retail center; high traffic.
    Where is this individual retail property located?
    The property is located at 1019 Cumberland Falls Hwy Corbin, KY.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: 123,876 square foot retail center in Corbin, KY.; Located at the Kroger Shopping Center, a prime retail location with high visibility.; Features a strong tenant mix including Kroger, Workout Anytime, Rent-a-Center, Grace Health, and Appalachian Wireless.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1019 Cumberland Falls Hwy Corbin, KY 40701
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