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500 S 12th St 13,877 SF 100% Leased Retail Building Murray, KY 42071 $1,600,000 ($115.30/SF) 5.50% Cap Rate
Investment Highlights
- Prime location situated just off of 12th St promoting high visibility.
- Opportunity to own building with previously established tenants.
- Fully leased building providing proven revenue stream.
Executive Summary
This property is being listed with Crye Leike - 270-761-5700.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
13,877 SF
Building Class
C
Year Built/Renovated
2004/2022
Price
$1,600,000
Price Per SF
$115.30
Cap Rate
5.50%
NOI
$88,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
1.14 AC
Zoning
B1 - Neighborhood Business
Parking
51 Spaces (3.68 Spaces per 1,000 SF Leased)
Frontage
250’ on Hwy 641 South
Amenities
- 24 Hour Access
- Corner Lot
- Security System
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
500 S 12th St