Search
Second-Generation Retail Space
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
Listed By: Dustin Hawkins · License #215644
Added: Jun 15 Changed: Aug 4 Last Checked: Aug 11 at 8:06PM
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.

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

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Grocery & Convenience Store HVAC Service Food Market Bakery

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
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

39
Businesses Nearby
Well-served
Demand for This Use

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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Coinstar Kiosk | Bitcoin ATM Kroger - Delta, 808 N 12th St, Murray, KY 42071
  • Chestnut Hills 720 N 12th St, Murray, KY 42071

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
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message