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Retail Suite in Newly Built Center
New
For Lease
$1,700/Mo

D-616 S 4th St, Murray, KY 42071

An adaptable open layout with tall ceilings and natural light accommodates a range of business configurations.

Space Size1,200 SF
Days on Market5

Property Features for D-616 S 4th St

General Information

Standard status Active
Size 1,200 SF
Net Rentable 1,200 SF

Space & Availability

Available Space 1,200 SF
Contiguous Space 1,200 SF
Space Use Office/Retail

Building Details

Tenancy Multi
Listing Agency: Stedelin Real Estate LLC
Listed By: Brian Stedelin · License #216638
Source: Exprealty
Added: Sep 28 Changed: Sep 30 Last Checked: Oct 1 at 2:50PM

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 Stedelin Real Estate LLC

Investment Insights

Based on property information with market context.

This retail suite is part of a newly constructed, five-unit center in Murray. The approximately 1,200-square-foot space features an open floor plan, tall ceilings, and abundant natural light. A restroom sits near the center of the unit, and the layout can be adapted to business needs.

The center is located on South 4th Street in Murray, Kentucky.

Key Highlights

  • Approximately 1,200 square feet of retail space
  • Open floor plan with tall ceilings and abundant natural light
  • Restroom positioned near the center of the unit

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Parking Lot & Garage Grocery & Convenience Store Food Market Barber Shop HVAC Service

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

821
Businesses Nearby

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

$15.94 /SF/Yr
Avg Asking Price
$2.09–$32 /SF/Yr
Price Range
12,600 SF
Avg Space Size

This space is priced 7% above the average of $15.94 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - An adaptable open layout with tall ceilings and natural light accommodates a range of business configurations.
Where is this retail space located?
The property is located at D-616 S 4th St Murray, KY.
What is the lease rate?
The lease rate is $1,700/Mo.
What are key features of this property?
This property features: Approximately 1,200 square feet of retail space; Open floor plan with tall ceilings and abundant natural light; Restroom positioned near the center of the unit
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