1007 Cumberland Falls Hwy | Corbin, KY 40701
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- LoopNet Team
1007 Cumberland Falls Hwy
Corbin, KY 40701
Upperline Health | 8.75% cap | Value-Add · Office Property For Sale
Investment Highlights
- Hospital Adjacent – Many of the properties have a hospital adjacent location which is prime for a medical office due to the referral base
- Tax Friendly State – Kentucky recently reduced its income tax rate by 0.5% with plans to reduce it by the same for 2024
- Medical Office Buildings – Healthcare Real Estate has persisted through various consumer trends and economic downturns
- Highly Visible – Each site’s location is convenient and accessible, which is crucial for Healthcare Real Estate, especially with today’s patients
- Referral Network – All 10 Upperline Health locations are within proximity to each other, creating a strong referral network for patients to visit
- Annual Rental Increases – Maintain growth of your investment dollars while hedging against inflation with annual rental increases among tenants
PROPERTY FACTS
Property Type
Office
Property Subtype
Building Size
5,800 SF
Building Class
C
Year Built
1990
Percent Leased
83%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,800 SF
Building FAR
0.15
Lot Size
0.89 AC
Zoning
C - COMMERCIAL
PROPERTY TAXES
| Parcel Number | 138-10-07-002.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $522,500 |
PROPERTY TAXES
Parcel Number
138-10-07-002.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$522,500
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