Multi-Tenant Retail Strip
1304 Chestnut Street G, Murray, KY 42071
For Lease
$2,900/Mo
Open-plan space offers high ceilings and large windows beside Murray State University.
Space SizeContact for details
Property Size1,600 SF
Days on Market43
Property Features for 1304 Chestnut Street G
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Building Details
Building Size
Year Built
Construction
Tenancy
Listing Agency:
Stedelin Real Estate LLC
Listed By:
Brian Stedelin · License KY #216638
(270) 753-8900
Source:
Sirkrealty
Added: Sep 29
Changed: Nov 5
Last Checked: Nov 10 at 10:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Stedelin Real Estate LLC
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Investment Insights
Based on property information with market context.
University Shops is a brick retail center with multiple tenants. The available unit provides 1,600 square feet, an open floor plan, high ceilings, and large windows that bring in natural light. The layout can be modified to suit a business’s requirements, and the center was built in 2010.
The property is adjacent to Murray State University and sits in the US 641/12th Street corridor in Murray, Kentucky. The center includes a mix of national tenants and local businesses.
The property is adjacent to Murray State University and sits in the US 641/12th Street corridor in Murray, Kentucky. The center includes a mix of national tenants and local businesses.
Key Highlights
- 1,600‑square‑foot unit in a multi‑tenant retail center
- Brick center built in 2010
- Open floor plan with adaptable layout
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$3.26 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
758
Businesses Nearby
400k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Shops & Services 20%
Apparel 15%
Home Improvements & Furnishings 7%
Marshalls
Apparel
36,406 visits/mo
0.4 miles
McDonald's
Dining
33,664 visits/mo
0.4 miles
Cook Out
Dining
24,690 visits/mo
0.3 miles
Cracker Barrel Old Country Store
Dining
21,330 visits/mo
0.3 miles
Dollar Tree
Shops & Services
20,187 visits/mo
0.5 miles
Demographics for 42071, KY
29,703
Population
14,174
Households
2.1
Avg Household Size
35
Median Age
35%
College-Educated
92%
High-School Grad
209.0 sq mi
ZIP Area
142
Density / Sq Mi
$48,976
Median Household Income
$29,805
Median Earnings
$841
Median Rent
$188,700
Median Home Value
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Market
Lease Benchmarks for Murray, KY
$15.56 /SF/Yr
Avg Asking Price
$2.09–$32 /SF/Yr
Price Range
14,396 SF
Avg Space Size
This space is priced 40% above the average of $15.56 /SF/Yr.
Average Price Trend$/SF/Yr for Retail space in Murray, KY
Properties on Market for Retail space in Murray
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Open-plan space offers high ceilings and large windows beside Murray State University.
Where is this retail space located?
The property is located at 1304 Chestnut Street G Murray, KY.
What is the lease rate?
The lease rate is $2,900/Mo.
What are key features of this property?
This property features: 1,600‑square‑foot unit in a multi‑tenant retail center; Brick center built in 2010; Open floor plan with adaptable layout
