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Retail Space on Highway 51
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881 Highway 51 S, Covington, TN 38019

Retail space available near Ford BlueOval City and national retailers.

Space Size700 SF - 3,000 SF
Property Size17,466 SF
Days on Market169

Property Features for 881 Highway 51 S

General Information

Standard status Active
Size 700 SF - 3,000 SF
Property subtype Retail

Building Details

Building Size 17,466 SF
Year Built 1969

Spaces For Lease

at 881 Highway 51 S Contact us

Proposed Outparcel Drive-Thru

Term
Negotiable
Rate
Contact for pricing
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Suite 1

Size
700 SF
Term
Negotiable
Rate
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Contact us

Suite 4

Size
3,000 SF
Term
Negotiable
Rate
Contact for pricing
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Listing Agency: Jones Aur Commercial Real Estate | Memphis
Listed By: Reid Lanigan
Source: Jonesaur
Added: Mar 5 Changed: Aug 8 Last Checked: Aug 21 at 5:49AM

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.

Retail space comprising 700 square feet is available for lease in Covington, Tennessee, situated directly on Highway 51. The property is part of a Harbor Freight-anchored shopping center, which provides ample parking. An outparcel drive-thru opportunity is also available. The location offers retail opportunities facing the high-traffic corridor of U.S. 51, which experiences an average annual daily traffic count of 22,805 vehicles. The property is in close proximity to Ford BlueOval City, Ford Motor Company's flagship electric vehicle manufacturing plant. The surrounding area features a variety of national retailers, including The Home Depot, Walmart, Walgreens, Advance AutoParts, Verizon, AT&T, Zaxby's, Little Caesars Pizza, Margaritas, Burger King, IHOP, Subway, and Applebee's.

Key Highlights

  • Located directly on Hwy 51, a high‑traffic corridor (22,805 AADT).
  • Close proximity to Ford BlueOval City, Ford Motor Company's Flagship Electric Vehicle Manufacturing Plant.
  • Retail space (700 SF) and Outparcel Drive‑Thru opportunity available.**

Property Analytics

Current Use

Retail space

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

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

Demographics for 38019, TN

15,129
Population
6,543
Households
2.3
Avg Household Size
40
Median Age
15%
College-Educated
88%
High-School Grad
140.6 sq mi
ZIP Area
108
Density / Sq Mi
$59,957
Median Household Income
$38,118
Median Earnings
$912
Median Rent
$195,400
Median Home Value

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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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available near Ford BlueOval City and national retailers.
Where is this retail space located?
The property is located at 881 Highway 51 S Covington, TN.
What are key features of this property?
This property features: Located directly on Hwy 51, a high‑traffic corridor (22,805 AADT).; Close proximity to Ford BlueOval City, Ford Motor Company's Flagship Electric Vehicle Manufacturing Plant.; Retail space (700 SF) and Outparcel Drive‑Thru opportunity available.**
More about this property
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