facebook

traded

+ Submit
Home

/

Deals

/

Kentucky

/

Retail

/

Sale

/

133 Cumberland Crossing

Marcus & Millichap Arranges $5.9 Million Sale Of Cumberland Crossing Shopping Center In Monticello Kentucky
SOLDRetail

Marcus & Millichap Arranges $5.9 Million Sale Of Cumberland Crossing Shopping Center In Monticello Kentucky

133 Cumberland Crossing & 255 Cumberland Crossing

$5,900,000

Building Size

Asset Type

Retail

Closing

Jul 29, 2025

AI

Cumberland Crossing is a retail asset located at 133-255 Cumberland Crossing in Monticello, KY. The property measures 94,366 square feet and was sold for $5,900,000. At the time of sale, it was 86% leased to national retailers, indicating its operational status within the retail market.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $5,900,000
  • Address: 133-255 Cumberland Crossing
  • Market: Monticello, KY
  • Leased Percentage: 86%
  • Brokerage Firm: Marcus & Millichap
  • Brokers: Zachary Taylor & Eric Abbott

Marcus & Millichap facilitated the transaction of Cumberland Crossing, representing the interests involved in the sale. The deal highlights the activity of experienced brokers Zachary Taylor and Eric Abbott in the retail sector.

Players

Zachary Taylor

Marcus & Millichap

Broker

$355.9M

vol

42 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

Monticello Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.69%

Cash-on-Cash

-0.77%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93