Second-Generation Retail
For Lease
$15 SF/Yr
616 N 12th Street, Murray, KY 42071
COMMERCIAL - Murray, KY
Space SizeContact for details
Lot Size13.74 Acres
Days on Market58
Property Features for 616 N 12th Street
General Information
Property type
Commercial Lease
Property subtype
Retail
Zoning description
B-2 Zoning District
Parking
51
Subdivision
Commercial
Directions
From Walmart, go south on 12th Street. The property is on the left.
Standard status
Active
APN
82251
Size
125,000 SF
Lot size
13.74 Acres
Building Details
Floors in Building
1
Listing Agency:
HRE Advisors
(270) 705-5355
Listed By:
Dustin Hawkins · License #215644
(270) 705-5355
Added: Jun 15
Changed: Aug 4
Last Checked: Aug 11 at 9:06PM
MLS# 26014812
Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering presents a second-generation retail space totaling over 6,900 square feet. The suite is positioned within a larger retail environment and is intended to support an easy tenant move-in for compatible retail concepts.
Located at 616 N 12th Street in Murray, Kentucky, the property is described as a high-traffic location with ample parking. The center’s surrounding tenant mix includes retailers such as Marshall’s, Burkes, Five Below, and TSC, which can help support steady neighborhood retail activity.
For prospective tenants, the size and second-generation status make this a practical fit for brands looking for a retail location with established neighboring businesses and straightforward customer access. The combination of ample parking and a retail-focused tenant lineup may be especially useful for concepts that rely on frequent walk-in and quick in-and-out shopping.
Located at 616 N 12th Street in Murray, Kentucky, the property is described as a high-traffic location with ample parking. The center’s surrounding tenant mix includes retailers such as Marshall’s, Burkes, Five Below, and TSC, which can help support steady neighborhood retail activity.
For prospective tenants, the size and second-generation status make this a practical fit for brands looking for a retail location with established neighboring businesses and straightforward customer access. The combination of ample parking and a retail-focused tenant lineup may be especially useful for concepts that rely on frequent walk-in and quick in-and-out shopping.
Key Highlights
- Over 6,900 sqft of second‑generation retail space in Murray, KY’s retail district
- Located in a high‑traffic area
- Ample parking available on‑site
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
39
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Lease Benchmarks for Murray, KY
$17.75 /SF/Yr
Avg Asking Price
$12–$32 /SF/Yr
Price Range
32,700 SF
Avg Space Size
This space is priced 15% below the average of $17.75 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Shopping center - Second-generation retail space with ample parking in a high-traffic Murray retail area among established national tenants.
Where is this shopping center located?
The property is located at 616 N 12th Street Murray, KY.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Over 6,900 sqft of second‑generation retail space in Murray, KY’s retail district; Located in a high‑traffic area; Ample parking available on‑site
