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Chestnut Hills 708 N 12th St 2,500 - 9,500 SF of Retail Space Available in Murray, KY 42071
Highlights
- Great Visibility
- Ample Parking
- High Traffic Area
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 708A | 2,500 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $30,000 /YR $2,500 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 716 | 3,000 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $36,000 /YR $3,000 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 718 | 4,000 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $48,000 /YR $4,000 /MO | Triple Net (NNN) |
700-720 N 12th St - 1st Floor - Ste 708A
Explore this fantastic 2,500 sq ft retail space, ideally located in one of Murray's premier commercial developments!
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
700-720 N 12th St - 1st Floor - Ste 716
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
700-720 N 12th St - 1st Floor - Ste 718
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 9,500 SF | Frontage | 561’ on 12th Street |
| 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 |
| Total Space Available | 9,500 SF |
| 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
Situated alongside thriving businesses and high foot traffic, this versatile space is primed for success. The large open area provides the perfect canvas to customize for your business needs, making it an ideal anchor location. Zoned B-2 Highway Commercial District, this prime spot offers all city utilities and excellent visibility. It’s the perfect opportunity to attract customers and elevate your business. Don’t miss out on your chance to make your mark in this bustling area!
Nearby Major Retailers
Contact the Leasing Agent
Chestnut Hills | 708 N 12th St