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Inline Shopping Center Unit
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1618 Hwy 51 South, Covington, TN 38019

Retail space within a Walmart shadow-anchored center surrounded by national retailers in Covington.

Space Size1,500 SF
Days on Market10

Property Features for 1618 Hwy 51 South

General Information

Standard status Active
Size 1,500 SF
Net Rentable 1,500 SF
Property subtype Retail

Space & Availability

Available Space 1,500 SF
Contiguous Space 1,500 SF

Site & Location

End Cap No
Anchor Co-Tenants Walmart

Building Details

Building Size 1,500 SF
Tenancy Single

Spaces For Lease

at 1618 Hwy 51 South Contact us

#1

Size
1,500 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Buchanan Realty Group
Listed By: Stan Clampitt · License #TN 352651
Source: Crexi
Added: Aug 3 Changed: Aug 11 Last Checked: Aug 12 at 9:28AM

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 Buchanan Realty Group

Investment Insights

Based on property information with market context.

The offering is a 1,500-square-foot inline retail unit within a shopping center at 1618 Hwy 51 South. Its configuration is suited to retail or service operations seeking space in an established commercial setting.

Walmart provides a shadow anchor for the center, while national retailers surround the property. The site is in Covington, Tennessee, and benefits from the activity associated with the surrounding retail mix. This location presents a straightforward option for businesses seeking an inline storefront within a larger shopping center environment.

Key Highlights

  • 1,500‑square‑foot inline retail unit
  • Shopping center shadow‑anchored by Walmart
  • Surrounded by high‑traffic national retailers

Property Analytics

Current Use

US Agriculture Funding Agricultural Service

Suggested Use

Top Pick Electrical Service Hair Salon Auto Parts Store Nail Salon Spa & Massage Center Garden Center

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

210
Businesses Nearby
194k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Superstores 34% Dining 30% Shops & Services 15% Home Improvements & Furnishings 10%
Walmart Superstores
65,206 visits/mo 0.2 miles
Murphy USA Shops & Services
29,320 visits/mo 0.2 miles
The Home Depot Home Improvements & Furnishings
20,350 visits/mo 0.4 miles
Las Margaritas Dining
13,523 visits/mo 0.2 miles
Zaxby's Chicken Fingers & Buffalo Wings Dining
13,250 visits/mo 0.3 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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Similar Off Market Nearby

  • Reffer Trayler 1870 U.S. 51 S, Covington, TN 38019

Frequently Asked Questions

What type of property is this?
Shopping center - Retail space within a Walmart shadow-anchored center surrounded by national retailers in Covington.
Where is this shopping center located?
The property is located at 1618 Hwy 51 South Covington, TN.
What are key features of this property?
This property features: 1,500‑square‑foot inline retail unit; Shopping center shadow‑anchored by Walmart; Surrounded by high‑traffic national retailers
(731) 300-3071 Call to check price and availability
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