Cumberland Crossing 255 Cumberland Xing Local commercial 8 767 m² 97 % Loué À vendre Monticello, KY 42633 5 296 512 € (604,15 €/m²) Taux de capitalisation 8 %

NEW NATIONAL TENANT LINEUP
• Cumberland Crossing is a 94,366-square-foot Walmart Shadow Center featuring a new national tenant lineup anchored by Marshalls, Five Below, and Farmers Home Furniture
• Cumberland Crossing features a Marshalls that has recently executed a new 10-year lease.
• Marshalls, Inc. is an American chain of off-price department stores owned by TJX Companies and is backed by 1,200+ locations in the U.S. and Canada
• Cumberland Crossing features a Five Below that has recently executed a 10-year lease
• Five Below, Inc. is an American chain of specialty discount stores offering trendy products for $5 and beyond, with over 1,600 locations across the United States
• This center is anchored by Farmers Home Furniture, which has been in the center for seven years and has five years of lease term remaining
• Farmers Home Furniture is one of the fastest-growing furniture retailers in the Southeast, with over 266 locations
• Cumberland Place has a Dollar Tree that has 22 Year occupancy history within the center
• Dollar Tree, a 70-year-old company with a net worth of over $33 billion, operates more than 16,340 stores across 48 states and five Canadian provinces
• The center also includes a Great Clips with 4.5 years remaining on its lease. Great Clips operates over 4,400 locations across the U.S. and Canada
WALMART SHADOW CENTER
• Cumberland Crossing shadows a Walmart Supercenter that has been here since 2001 | Walmart Owns the Walmart
• The shopping center sees over 2.7M visits annually and has seen a 16% increase YoY
• Pulls from a 25+ mile trade area
• The center has strong fundamentals with excellent frontage on the main road and a direct turn lane into the center through an adjacent median, allowing access from both traffic flows
• While the center benefits greatly from Walmart traffic, its positioning and tenant draw do not make it dependent on Walmart
LAKE CUMBERLAND
• Lake Cumberland is located less than six minutes from the center and sees over 4 million annual visitors
• Lake Cumberland ranks 9th among U.S. reservoirs by volume and serves multiple purposes, including flood control, hydroelectric power, navigation, and recreation
• Somerset-Pulaski-Wayne County recorded tourism spending of $150.9 million in 2023, which supported roughly 1,158 jobs and saved residents nearly $11 million in state and local taxes (averaging about $564 per household)
MONTICELLO, KY
• Monticello is the largest city and county seat of Wayne County
• Monticello is considered the Houseboat Capital of the World
• Monticello is home to Trifecta Houseboats, which represents a merger of three well-known brands (Stardust Cruisers, Sumerset Houseboats, and Thoroughbred Houseboats)