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B-2 Highway Retail Space
For Lease
$12 SF/Yr

708 N 12th Street, Murray, KY 42071

COMMERCIAL - Murray, KY

Space Size2,500 SF
Lot Size5.80 Acres
Days on Market335

Property Features for 708 N 12th Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning description B-2 Highway Commercial District
Parking features Open
Subdivision Commercial
Directions From I69 take Exit 41 to US-641, follow US-641 to the shopping center which will be onthe left when you get into Murray.
Standard status Active
APN T2500495033
Size 2,500 SF
Lot size 5.80 Acres

Amenities

city utilities
Listing Agency: HRE Advisors
Listed By: Dustin Hawkins · License #215644
Added: Sep 23, 2025 Changed: Aug 4 Last Checked: Aug 23 at 8:06PM
MLS# 26016313

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 for-rent retail space offers approximately 2,500 square feet of flexible interior layout with a large open area suited to customer-facing use. The unit is positioned within a commercial development setting, providing a straightforward option for businesses looking for an adaptable space.

The property is located at 708 N 12th Street in Murray, Kentucky, within the B-2 Highway Commercial District zoning designation. City utilities are available on site, supporting a practical setup for day-to-day operations.

With its open plan and zoning in place, the space can be configured to meet a variety of retail needs while keeping the core footprint simple and efficient.

Key Highlights

  • 2,500 sq ft retail space in Murray’s commercial development
  • Large open area for customization to fit your business needs
  • Zoned B‑2 Highway Commercial District

Property Analytics

Current Use

Sally Beauty (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick HVAC Service Computer & Electronic Repair (Bike/Boat/Book/etc) Store Electrical Service Carpet & Flooring Store Kitchen & Bath Showroom

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

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

582
Businesses Nearby
538k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 35% Superstores 18% Shops & Services 16% Apparel 14%
Walmart Superstores
86,695 visits/mo 0.4 miles
Marshalls Apparel
36,406 visits/mo 0.1 miles
Kroger Groceries
35,004 visits/mo 0.2 miles
Culver's Dining
27,559 visits/mo 0.3 miles
Huck's Shops & Services
23,074 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

Market

Lease Benchmarks for Murray, KY

$14.01 /SF/Yr
Avg Asking Price
$12–$18.67 /SF/Yr
Price Range
21,614 SF
Avg Space Size

This space is priced 14% below the average of $14.01 /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
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Frequently Asked Questions

What type of property is this?
Retail space - 2,500 sf retail space with a large open area and city utilities in a B-2 Highway Commercial District location.
Where is this retail space located?
The property is located at 708 N 12th Street Murray, KY.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 2,500 sq ft retail space in Murray’s commercial development; Large open area for customization to fit your business needs; Zoned B‑2 Highway Commercial District
More about this property
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