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325 W Cumberland Gap Pky
Corbin, KY 40701
Huddle House · Retail Property For Sale
PROPERTY FACTS
ABOUT 325 W CUMBERLAND GAP PKY , CORBIN, KY 40701
MOTIVATED SELLER! Strong franchisee with over 10 years of QSR experience, strong rent:sales ratio. Also offers a personal guarantee on the lease with a strong net worth. Located adjacent to a PILOT truck stop/resting area. Strong trucking presence. At next rent bump (4/2019) the ROI on list price will adjust to 7.89% cap, offering a better than market return on most long term QSRs nationwide. Buyer benefits from early rent bump with Seller to credit at close of escrow any differential. See Offering Memorandum for more details on the surrounding area.
PROPERTY TAXES
| Parcel Number | 122-60-00-015.01 | Improvements Assessment | $738,700 |
| Land Assessment | $500,000 | Total Assessment | $1,238,700 |
PROPERTY TAXES
