1026 Madison Ave Covington, KY 41011
Single tenant Dollar Tree in Covington, KY for sale.
Type:Retail
Property size:
12,400 SF- Added:
- Mar 6, 2026
- Days on Market:
- 27
- Last Refresh:
- Mar 25 at 10:24 pm
Property Features for 1026 Madison Ave
General Information
- Standard status
- Active
- Size
- 12,400 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1941
Listing agent Ray Shammamie License ##6506047766 (248) 450-3258
Listing office Legacy Real Estate Advisors (248) 450-3258
Listing date Mar 6, 2026
Source Legacycrea
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Legacy Real Estate Advisors
Overview
Freestanding Dollar Tree Investment Property
This is a single tenant freestanding Dollar Tree property with over 12,400 square feet, situated in the heart of Covington, KY. The property is positioned along Madison Avenue, the main road that leads directly to Downtown Covington, experiencing traffic of over 15,000 cars per day. The improvements include a former Walgreens that was backfilled by Dollar Tree in 2014. The building is significantly larger than Dollar Tree's standard prototype, and this location features an expansive merchandise catalogue to cater more to the immediate trade area. Dollar Tree's rental rate is lower than market rents in a high barriers to entry trade area with extremely limited single tenant vacancy in the Covington market. The property benefits from exceptional demographics, with a 3-mile population north of 113,000 people earning an average household income of $52,000 per year. The property is minutes from the Clay Wade Bailey Bridge, the only bridge in Covington crossing the Ohio River and leading to Downtown Cincinnati, where Paul Brown Stadium (Cincinnati Bengals) and the Great American Ball Park (Cincinnati Reds) are located. Dollar Tree corporately operates over 15,500 stores across the US and 5 Canadian Provinces, has over 193,000 employees system-wide and recently received an upgrade to its investment grade credit rating going from "BBB-" to "BBB" in February '21.
Location Intelligence
Current Use by Public Records
Amazon Locker - Nabas
Courier Service
Dollar Tree
Discount Store
Location Insight
- Map
- Local Demand
- City
- Covington
- County
- Kenton
- State
- Kentucky
- Longitude
- -84.5086
- Latitude
- 39.0796
Nearby Similar for Sale
FAQs
What type of property is this?
Grocery and convenience store - Single tenant Dollar Tree in Covington, KY for sale.
Where is this grocery and convenience store located?
The property is located at 1026 Madison Ave Covington, KY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Single tenant freestanding Dollar Tree property in a high‑traffic location on Madison Avenue (15,000+ cars per day).; Significantly larger than standard Dollar Tree prototype, featuring an expansive merchandise catalogue.; Exceptional demographics: 3‑mile population of 113,000+ with an average household income of $52,000.
