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Build-to-Suit Retail Space
For Lease
$28 SF/Yr

1104 Chestnut Street, Murray, KY 42071

The space can be configured to meet a tenant’s requirements.

Space Size1,650 SF
Property Size7,500 SF
Days on Market1514

Property Features for 1104 Chestnut Street

General Information

Standard status Active
Size 1,650 SF
Net Rentable 1,650 SF

Space & Availability

Available Space 1,650 SF
Contiguous Space 1,650 SF

Building Details

Building Size 7,500 SF
Buildings 1
Stories 1
Listing Agency: HRE Advisors
Listed By: Dustin Hawkins · License #215644
Source: Bluegrasspropertiesgroup
Added: Sep 1, 2022 Changed: Oct 22 Last Checked: Oct 22 at 2:32PM

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 HRE Advisors

Rey
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Investment Insights

Based on property information with market context.

This retail space is offered for lease with a build-to-suit configuration, allowing the interior to be tailored to a tenant’s needs. The property is at the intersection of N 12th Street and Chestnut Street in Murray, Kentucky.

Key Highlights

  • Build‑to‑suit configuration for tenant requirements
  • Located at N 12th Street and Chestnut Street

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

KFC Restaurant BB&T Loan Service

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Carpet & Flooring Store Big Box & Wholesale Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

733
Businesses Nearby
403k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 53% Shops & Services 16% Apparel 15% Home Improvements & Furnishings 9%
Marshalls Apparel
36,406 visits/mo 0.3 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 0.2 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Murray, KY

$15.94 /SF/Yr
Avg Asking Price
$2.09–$32 /SF/Yr
Price Range
12,600 SF
Avg Space Size

This space is priced 76% above the average of $15.94 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - The space can be configured to meet a tenant’s requirements.
Where is this retail space located?
The property is located at 1104 Chestnut Street Murray, KY.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Build‑to‑suit configuration for tenant requirements; Located at N 12th Street and Chestnut Street
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