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- LoopNet Team
708 N 12th St
Murray, KY 42071
Chestnut Hills · Property For Lease
HIGHLIGHTS
- Anchored by Harbor Freight, Big Lots, and Kroger
- 2,400 SF to 7,000 SF of retail space available
- Located on a primary retail corridor across from Murray State University
- Multiple access points
- Prominent signage
PROPERTY FACTS
| Center Type | Neighborhood Center | Gross Leasable Area | 113,196 SF |
| Parking | 696 Spaces | Total Land Area | 13.64 AC |
| Stores | 11 | Year Built | 1982 |
| Center Properties | 2 | Cross Streets | SEC US Hwy 641 & Hwy 121 |
| Frontage | 561’ on 12th Street |
| Center Type | Neighborhood Center |
| Parking | 696 Spaces |
| Stores | 11 |
| Center Properties | 2 |
| Frontage | 561’ on 12th Street |
| Gross Leasable Area | 113,196 SF |
| Total Land Area | 13.64 AC |
| Year Built | 1982 |
| Cross Streets | SEC US Hwy 641 & Hwy 121 |
ABOUT THE PROPERTY
• 34,364 SF former JC PENNY Anchor Space has been leased to Harbor Freight (under construction now, set to open 2023) • Address: 720 North 12th Street, Murray, Kentucky 42071 • Anchored by Harbor Freight, Big Lots, and Kroger, across from WalMart and Lowes. • Multiple access points and Traffic light at main intersection • 2,400 SF to 7,000 SF of retail space available • Prominent signage available to anchor • Strong traffic counts on North 12th Street with over 22,978 VPD • Located on a primary retail corridor across from Murray State University (10,998 enrolled students) • Total retail expenditure is $271M within a 7-mile radius • Base Rent for small spaces $16.00 PSF plus $3.00 PSF CAM per year. (negotiable) Best regional retail location serving 3-4 county area. Owner will also consider subdividing or expanding Anchor space.
