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2940 Covington Pike, Memphis, TN, 38128
Neighborhood Shopping Center For Sale

2940 Covington Pike Memphis, TN 38128

For Sale
Contact for pricing

Neighborhood shopping center with strong co-tenancy and drive-thru opportunity.

Days on Market142

Property Features for 2940 Covington Pike

General Information

Standard status
Active
Property subtype
Retail

Properties For Sale

at 2940 Covington Pike Contact us
Listing Agency: Jones Aur Commercial Real Estate | Memphis
Listed By: Grady Cotham
Source: Jonesaur
Added: Mar 6 Changed: Jul 10 Last Checked: Jul 26 at 6:05AM

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 neighborhood shopping center is located at the intersection of Covington Pike and Stage Road, offering excellent visibility and access from both thoroughfares. The property benefits from ample parking with a large parking field directly in front of the center. Strong co-tenancy includes First Horizon, Dollar General, Davita, Goodwill, Metro by T-Mobile, and Subway. A drive-thru opportunity is available with lanes on both sides of the outparcel. Area retailers include Home Depot, Burlington Coat Factory, Marshalls, Walgreens, AutoZone, Captain D’s, and Taco Bell. Traffic counts are 18,430 AADT on Stage Road and 24,363 AADT on Covington Pike.

Key Highlights

  • Excellent visibility and access from both Stage Road and Covington Pike
  • Strong co‑tenancy with First Horizon, Dollar General, Davita, Goodwill, Metro by T‑Mobile, and Subway
  • Ample parking with a large parking field directly in front of the center

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

CB Richard Ellis Real Estate Agency

Suggested Use

Real Estate Agency Building Supply Restaurant Law Firm Big Box & Wholesale Store Spa & Massage Center Auto Parts Store Auto Repair Shop Gym & Fitness Center Kitchen & Bath Showroom

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Plaza I — 2542 Covington Pike, Memphis, TN 38128
  • Bigbobarbershop — 4970 Raleigh Lagrange Rd #7, Memphis, TN 38128

FAQs

What type of property is this?
Shopping center - Neighborhood shopping center with strong co-tenancy and drive-thru opportunity.
Where is this shopping center located?
The property is located at 2940 Covington Pike Memphis, TN.
What are key features of this property?
This property features: Excellent visibility and access from both Stage Road and Covington Pike; Strong co‑tenancy with First Horizon, Dollar General, Davita, Goodwill, Metro by T‑Mobile, and Subway; Ample parking with a large parking field directly in front of the center
More about this property
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