Anchored Shopping Center
For Sale
Contact for pricing
708 N 12th St, Murray, KY 42071
Flexible retail configuration includes former anchor space, smaller suites, and potential outparcel development.
Property SizeContact for details
Days on Market144
Property Features for 708 N 12th St
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Southeast Venture LLC
Listed By:
John Cavin, MBA · License #TN 250625
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 1:47AM
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 Southeast Venture LLC
Investment Insights
Based on property information with market context.
This shopping center offers a broad range of retail configurations, including a 34,364 SF former JCPenney anchor area and spaces ranging from 2,400 SF to 41,364 SF. The anchor area may be subdivided or expanded, while a small outparcel could accommodate a 2,200 SF drive-through or a 3,000 SF strip center. Prominent signage is available for the anchor space.
The center is anchored by JCPenney, Big Lots, and Kroger, with Walmart and Lowe’s positioned across the retail corridor. Multiple access points and a traffic signal at the primary intersection support entry and circulation. North 12th Street carries more than 22,978 VPD, and Murray State University, with 10,998 enrolled students, is across the corridor. The property serves a regional trade area spanning 3–4 counties.
The center is anchored by JCPenney, Big Lots, and Kroger, with Walmart and Lowe’s positioned across the retail corridor. Multiple access points and a traffic signal at the primary intersection support entry and circulation. North 12th Street carries more than 22,978 VPD, and Murray State University, with 10,998 enrolled students, is across the corridor. The property serves a regional trade area spanning 3–4 counties.
Key Highlights
- 34,364 SF former JCPenney anchor space
- Retail configurations from 2,400 SF to 41,364 SF
- Anchored by JCPenney, Big Lots, and Kroger
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
623
Businesses Nearby
509k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 39%
Superstores 19%
Apparel 12%
Shops & Services 12%
Walmart
Superstores
86,695 visits/mo
0.5 miles
Marshalls
Apparel
36,406 visits/mo
0.2 miles
Kroger
Groceries
35,004 visits/mo
0.4 miles
Cook Out
Dining
24,690 visits/mo
0.5 miles
Cracker Barrel Old Country Store
Dining
21,330 visits/mo
0.1 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
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Shopping center - Flexible retail configuration includes former anchor space, smaller suites, and potential outparcel development.
Where is this shopping center located?
The property is located at 708 N 12th St Murray, KY.
What are key features of this property?
This property features: 34,364 SF former JCPenney anchor space; Retail configurations from 2,400 SF to 41,364 SF; Anchored by JCPenney, Big Lots, and Kroger
