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Retail Opportunity Near Ford Plant
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887 Highway 51 S, Covington, TN

Retail spaces and drive-thru opportunity near Ford BlueOval City.

Space SizeContact for details
Lot Size1.00 Acre
Days on Market479

Property Features for 887 Highway 51 S

General Information

Standard status Active
Lot size 1.00 Acre
Property subtype LAND

Spaces For Lease

at 887 Highway 51 S Contact us

887 Highway 51 S

Type
LAND
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Harbor Freight Anchored Shopping Center with Ample Parking - Retail Opportunity...
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Listing Agency: Jones Aur Commercial Real Estate | Memphis
Listed By: Reid Lanigan
Source: Moodyscre
Added: Apr 21, 2025 Changed: Aug 8 Last Checked: Aug 11 at 12:04PM

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 Jones Aur Commercial Real Estate | Memphis

Investment Insights

Based on property information with market context.

This Harbor Freight-anchored shopping center offers retail opportunities, including an outparcel drive-thru, facing the high-traffic corridor of U.S. 51. The location benefits from close proximity to Ford BlueOval City, Ford Motor Company's flagship electric vehicle manufacturing plant. The surrounding area features national retailers such as The Home Depot, Walmart, Walgreens, Harbor Freight, Advance AutoParts, Verizon, AT&T, Zaxby's, Little Caesars Pizza, Margaritas, Burger King, IHOP, Subway, and Applebee's. The property benefits from ample parking and high traffic counts on U.S. Highway 51, with an annual average daily traffic (AADT) of 22,805.

Key Highlights

  • Anchored by Harbor Freight in a shopping center with ample parking.
  • High‑traffic location on U.S. Highway 51 (22,805 AADT).
  • Outparcel drive‑thru opportunity available.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Garden Center Skin Care Clinic Kitchen & Bath Showroom Big Box & Wholesale Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

293
Businesses Nearby
144k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 57% Shops & Services 32% Apparel 5% Groceries 3%
McDonald's Dining
19,107 visits/mo 0.1 miles
SONIC Drive In Dining
13,003 visits/mo 0.4 miles
Scooter's Coffee Dining
12,777 visits/mo 0.4 miles
Five Below Shops & Services
10,320 visits/mo 0.4 miles
Dollar Tree Shops & Services
9,947 visits/mo 0.5 miles

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Similar Off Market Nearby

  • North Plaza Shopping Center Covington, TN 38019
  • Park Plaza 877 U.S. 51 S, Covington, TN 38019

Frequently Asked Questions

What type of property is this?
Shopping center - Retail spaces and drive-thru opportunity near Ford BlueOval City.
Where is this shopping center located?
The property is located at 887 Highway 51 S Covington, TN.
What are key features of this property?
This property features: Anchored by Harbor Freight in a shopping center with ample parking.; High‑traffic location on U.S. Highway 51 (22,805 AADT).; Outparcel drive‑thru opportunity available.
(901) 661-9775 Call to check price and availability
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