$1 Auction | Middlesboro Center | 87% Occupied | 12,030 SF | $39K NOI | 14K VPD

Description:

RI Marketplace Online Auction July 29 - 31, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2554/1-auction-middlesboro-center-87-occupied-12-030-sf-39k-noi-14k-vpd?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=retail_2554


Marcus & Millichap is pleased to offer for sale (the “Property”), a multi-tenant retail building located at 1803 Cumberland Avenue in Middlesboro, Kentucky. The Property provides an exceptional opportunity to acquire a highly visible investment property with strong cash flow.

The Property is a 12,030 square foot retail building on a 0.568-acre parcel situated within a dense downtown business corridor. The Property offers excellent visibility, convenient access, and ample surface parking for both tenants and visitors. Located at the signalized intersection of W Cumberland Avenue and 18th Street, it benefits from traffic counts of 14,324 vehicles per day. The Property benefits from strong demand generators and is surrounded by many residential neighborhoods, as well as numerous national credit tenants including Walmart, Kroger, Hibbett Sports, McDonald’s, Cracker Barrel, Wendy’s, Taco Bell, Belk, Dollar Tree, Dollar General, Save a Lot, NAPA, Auto Zone, Ace Hardware, Big Lots, and many others.

Middlesboro, Kentucky is located in Bell County near the Cumberland Gap and approximately 60 miles north of Knoxville, Tennessee. Despite its modest size, Middlesboro serves as a regional hub for commerce, healthcare, and retail in southeastern Kentucky and parts of eastern Tennessee. Situated along U.S. Route 25E, Middlesboro offers direct access to Interstate 75 to the north and Interstate 81 to the south, facilitating transportation and logistics. The area is characterized by compelling demographics, with a 2024 population of approximately 28,130 people and an average annual household income of approximately $49,914 within a 10-mile radius.


Lamar P. Fisher
Fisher Auction Company Inc.
License: 257072

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