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Retail Space Near Campus
For Lease
$2,000/Mo

214 N 15th Street, Murray, KY 42071

The 2,584-square-foot space has accommodated both restaurant and boutique/shop uses.

Space SizeContact for details
Property Size2,584 SF
Days on Market1401

Property Features for 214 N 15th Street

General Information

Standard status Active
Size 2,584 SF

Additional Details

Space Use Restaurant
Lease Term 12 months

Building Details

Building Size 2,584 SF
Buildings 1
Stories 1
Listing Agency: Kopperud Realty
Listed By: Janette DeWitt · License #220121
Source: Bluegrasspropertiesgroup
Added: Jan 6, 2023 Changed: Nov 4 Last Checked: Nov 6 at 12:07AM

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 Kopperud Realty

Rey
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Investment Insights

Based on property information with market context.

This 2,584-square-foot retail space is near the Murray State campus. Its previous uses include a restaurant and a boutique/shop, providing a setting suited to a range of retail or food-service configurations.

The property is at 214 N 15th Street in Murray, Kentucky. Lease terms call for a one-year commitment and a security deposit.

Key Highlights

  • 2,584‑square‑foot retail space near Murray State campus
  • Previous uses include a restaurant and a boutique/shop
  • One‑year lease term

Property Analytics

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

Current Use

The Burrito Shack Restaurant

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply HVAC Service Electrical Service Law Firm 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
$1.39 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

445
Businesses Nearby
91k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 62% Shops & Services 36% Electronics 2%
McDonald's Dining
33,664 visits/mo 0.4 miles
Dollar Tree Shops & Services
20,187 visits/mo 0.4 miles
SONIC Drive In Dining
14,604 visits/mo 0.4 miles
Domino's Pizza Dining
3,946 visits/mo 0.4 miles
U.S. Bank Shops & Services
3,558 visits/mo 0.4 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
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Market

Lease Benchmarks for Murray, KY

$16.1 /SF/Yr
Avg Asking Price
$2.09–$32 /SF/Yr
Price Range
12,972 SF
Avg Space Size

This space is priced 42% below the average of $16.1 /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 2,584-square-foot space has accommodated both restaurant and boutique/shop uses.
Where is this retail space located?
The property is located at 214 N 15th Street Murray, KY.
What is the lease rate?
The lease rate is $2,000/Mo.
What are key features of this property?
This property features: 2,584‑square‑foot retail space near Murray State campus; Previous uses include a restaurant and a boutique/shop; One‑year lease term
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