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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
Storefront
Building Size
13,877 SF
Building Class
C
Year Built/Renovated
2004/2022
Price
$2,213,680 CAD
Price Per SF
$159.52 CAD
Cap Rate
5.50%
NOI
$121,752 CAD
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

Regions Bank
Truist
Sirloin Stockade
Food Giant
Toyota
Cook Out
Starbucks
  • Listing ID: 25281766

  • Date on Market: 2022-03-18

  • Last Updated:

  • Address: 500 S 12th St, Murray, KY 42071

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