319 N Hills Road, Corbin, KY 40701
sale
$2,200,000
|
Other
Courtesy Of RE/MAX Signature Realty, Inc
Income-Producing Manufacturing Facility | 8 Buildings Totaling 86,930 SF Combined. This premier industrial manufacturing property presents a rare opportunity to acquire a fully operational, campus-style facility currently occupied by a major industrial tenant and a globally recognized manufacturing company with significant operational scale. The multi-building campus configuration provides long-term adaptability for a wide range of industrial users and future repositioning strategies. The property consists of eight separate industrial buildings situated on approximately 13.7 gated acres. The total building area is approximately 86,930 square feet, which reflects the combined square footage of all eight buildings. Individual building sizes are in the accompanying sketch summaries included within the listing photos. Buyers are encouraged to review these sketches to fully understand the configuration and square footage allocation of each structure. The current tenancy includes a multi-year lease term, delivering a stable and predictable income stream with an estimated cap rate in the high single-digit range. This structure makes the property well suited for investors seeking dependable cash flow, while also appealing to buyers planning for eventual owner-user occupancy at lease expiration. The multi-building campus design supports high-volume manufacturing, finishing, storage, shipping and distribution, and sales or support operations. The layout allows for efficient separation of workflows, scalability, and adaptability for a wide range of industrial and manufacturing uses. The property includes multiple production and shipping buildings with a combination of dock-height and grade-level bay doors, gas-heated manufacturing facilities, and a dedicated finishing building equipped with two paint booths, a paint curing oven, a conveyor system, and a hanging paint line. Each building includes restrooms and employee break areas, and the campus offers ample on-site parking, internal circulation, and a gated, secure industrial environment. Strategically located approximately 1.5 miles from South I-75, the property benefits from excellent interstate access, supporting efficient logistics, freight movement, and regional or national distribution. The location is well suited for manufacturing, fabrication, and industrial operations requiring proximity to a major transportation corridor. Additionally, certain manufacturing equipment may be available to convey following the conclusion of the current lease, presenting a potential turnkey opportunity for future owner-users or value-add investors. This property is ideally positioned for industrial investors, manufacturing companies, metal fabrication operators, logistics and distribution users, and institutional buyers seeking a well-located industrial asset with proven production capabilities, income stability, and long-term growth potential. Property is an active, operating manufacturing facility. Showings must be coordinated through listing agent.
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Property Features
- Age: 41-50 Years Old
- Exterior Type: Block
- Exterior Type: Aluminum Siding
- Heating System: Ceiling
- Heating System: Natural Gas
- MLSID: 26000258
- Parking Spaces: 100
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