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Anchored Neighborhood Shopping Center

708 North 12th Street, Murray, KY 42071

For Sale
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The tenant roster includes national, regional, and service-oriented retailers alongside Harbor Freight and Planet Fitness.

Property Size68,262 SF
Price / SF$124.52
Days on Market46

Property Features for 708 North 12th Street

General Information

Standard status Active
Size 68,262 SF
Property subtype Retail

Site & Location

Anchor Co-Tenants Harbor Freight, Planet Fitness
Traffic Count 27,700 vehicles/day

Additional Details

Tenant in Place Yes

Building Details

Tenancy Multi
Listing Agency: Colliers - Nashville, Tennessee
Listed By: Reagan Henderson · License KY #372261
Source: Crexi
Added: Sep 25 Changed: Nov 8 Last Checked: Nov 8 at 4:22PM

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 Colliers - Nashville, Tennessee

Rey
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Investment Insights

Based on property information with market context.

This 68,262-square-foot shopping center at 708 North 12th Street includes Harbor Freight and Planet Fitness, with additional national, regional, and service-oriented retailers. The property also has existing vacancy and potential for future outparcel development.

The center fronts North 12th Street (US-641), identified as Murray’s primary retail corridor, with traffic counts exceeding 27,700 vehicles per day. It is near Murray State University and other major national retailers, serving the broader Calloway County trade area.

Key Highlights

  • 68,262‑square‑foot shopping center
  • Harbor Freight and Planet Fitness anchor the tenant roster
  • Located on North 12th Street (US‑641), Murray’s primary retail corridor

Property Analytics

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

Current Use

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

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Computer & Electronic Repair Electrical Service Carpet & Flooring Store Veterinary Clinic

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

27,700 VPD
Traffic count
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

623
Businesses Nearby
509k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 39% Superstores 19% Apparel 12% Shops & Services 12%
Walmart Superstores
86,695 visits/mo 0.5 miles
Marshalls Apparel
36,406 visits/mo 0.2 miles
Kroger Groceries
35,004 visits/mo 0.4 miles
Cook Out Dining
24,690 visits/mo 0.5 miles
Cracker Barrel Old Country Store Dining
21,330 visits/mo 0.1 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
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View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

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

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 - The tenant roster includes national, regional, and service-oriented retailers alongside Harbor Freight and Planet Fitness.
Where is this shopping center located?
The property is located at 708 North 12th Street Murray, KY.
What is the asking price?
The asking price for this property is $8,500,000.
What are key features of this property?
This property features: 68,262‑square‑foot shopping center; Harbor Freight and Planet Fitness anchor the tenant roster; Located on North 12th Street (US‑641), Murray’s primary retail corridor
(615) 850-2708 · Office Call to check price and availability
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