1102 Chestnut St
Murray, KY 42071
Mammoth Car Wash · Retail Property For Sale

The subject investment property is situated on Chestnut Street, which has an average daily traffic count of 10,000 vehicles. The subject property intersects with nearby North 12th Avenue, which brings an additional 26,000 vehicles into the immediate area per day. There are approximately 21,000 individuals within a three-mile radius of this property and 25,000 individuals within a five-mile radius, and these numbers are projected to increase in the next five years. The subject property benefits from being well-positioned in a the main retail corridor in Murray, Kentucky consisting of national and local tenants. Major national tenants in the area include: Walmart, Dollar Tree, CVS, Walgreens, Dollar General, Regions, Burger King, Taco Bell, Panera Bread, Kroger, Dunkin’ Donuts, Zaxby’s, and many more. Several recreational parks surround car wash including Central Park, Chestnut Park, and Bee Creek Park. The subject property also benefits from its close proximity to several schools, most notably Murray State University, a public research university, which boasts a total enrollment of approximately 11,000 students. Rand McNally and USA Today awarded the "2012 Friendliest Small Town in America" to Murray, Kentucky located just 7 miles from the Tennessee border. The award came as a result of the "Best of the Road" competition, where a team of two travelers went cross country, spending three days in each finalist city. Being the "Friendliest" small town is something that comes naturally to this small university community. Consisting of a large retirement and family population mixed with university students, Murray provides a unique variety of customs and cultures nestled next to Kentucky Lake, offering sweet, southern charm. Murray is located about 90 miles away from Nashville, Tennessee. Nashville, located on the Cumberland River, is the capital of the state of Tennessee and the county seat of Davidson County. Located in northern middle Tennessee, Nashville is the core of the largest metropolitan area in Tennessee and ranks as the 24th largest city by population in the United States. The city is a center for music, healthcare, publishing, banking, and transportation industries. Nashville is known as the “home of country music” and has become a major music and production center. Although Nashville is known for its music, the largest industry in the city is health care. Nashville is home to more than 300 health care companies, including Hospital Corporation of America, the world’s largest private operator of hospitals.