Map of Property

Covington Shopping Center

975 U.S. 51 S, Covington, TN 38019

  • For Sale $4,912,432.43
  • Property Type Retail - Street Retail
  • Property Size 71,078 SF
  • Lot Size 11.44 Acre
  • Additional Rent Contact for pricing
  • Year Built 1991
  • Year Renovated 2023
  • Date Updated Dec 4, 2024
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Highlights

  • Tennessee is an Income Tax-Free State *Consult With A Tax Professional For More Details*
  • Covington, TN is part of the Memphis, TN MSA - Ranked #41 Largest MSA in the United States
  • The Tri-Cities Region of Tennessee, Which Includes Covington, TN experienced a 2.3% Population Growth in 2023
  • Covington, TN Median Household Income Increased 38% in 2021-22
  • Tennessee Department of Economic and Community Development Announced That Covington is the Newest Community
  • to Join the Tennessee Main Street Program, Which Grants Opportunities to Assist in Downtown Revitalization Efforts
  • 71,078 SF Building on 11.44 Acres - Very Attractive Price PSF of $68
  • High Traffic Counts - 24,000+ Vehicles Pass Site Daily on U.S. 51 S
  • Covington Shopping Center is 100% Occupied and Houses the only Tractor Supply, Bealls', and Big Lots in a 20 Mile Radius
  • Long Lease Terms with Very Minimal Landlord Responsibilities

Contacts

broker
Gus Jamil

Legacy Real Estate Advisors

Location

Getting Around

  • Walk Score ®

    23/100 Car-Dependent

  • Bike Score ®

    39/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Covington, TN
  • Neighborhood Northside Covington
  • Zip Code 38019
  • Market Memphis

Points of Interest

  • Exxon

    0.25 miles

  • Shell

    0.49 miles

  • Valero

    1.30 miles

  • Murphy USA

    2.96 miles

  • McDonald's

    0.42 miles

  • Wendy's

    0.69 miles

  • Subway

    0.70 miles

  • Burger King

    3.00 miles

  • Las Margaritas of Covington

    3.04 miles

  • Ming's Buffet & Grill

    3.04 miles

  • IHOP

    3.06 miles

  • Erwin's Great Steaks

    4.67 miles

  • Walmart Supercenter

    2.88 miles

Frequently Asked Questions

How much does Covington Shopping Center cost?

The space currently listed for sale at Covington Shopping Center asks for $4,912,432.43.

What is the total square footage of Covington Shopping Center?

Covington Shopping Center totals 71,078 square feet.

When was this property built?

Covington Shopping Center was built in 1991.

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Contact Listing Broker
broker
Gus Jamil

Legacy Real Estate Advisors