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Freestanding Restaurant Opportunity

3081 Covington Pike Memphis, TN 38128

3081 Covington Pike, Memphis, TN, 38128
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For Lease
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Freestanding restaurant building on 1.2 acres in a high-traffic retail corridor with strong adjacency to major brands.

Property Size5,762 SF
Lot Size1.20 Acres
Days on Market49

Property Features for 3081 Covington Pike

General Information

Standard status
Active
Size
5,762 SF
Lot size
1.20 Acres
Property subtype
Single Tenant or Freestanding Building

Spaces For Lease

at 3081 Covington Pike Contact us
Listing Agency TSCG The Shopping Center Group Memphis
Listed by Shawn Massey, CCIM, CRRP, ALC · License #372782
Source Theshoppingcentergroup
Added: Jun 1 Checked: Jun 3 at 3:29 am

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 TSCG The Shopping Center Group Memphis


Investment Insights

Based on property information with market context.

This freestanding restaurant totals 5,762 square feet and sits on approximately 1.2 acres, offering a dedicated stand-alone format for food service concepts. The site’s size provides room to support day-to-day restaurant operations while maintaining direct identity and visibility within the shopping area.

The property is positioned adjacent to well-known QSR and retail users, including Captain D’s and Taco Bell, with additional nearby regional and value retailers listed such as Home Depot, Burlington, Marshalls, Aaron’s, CVS, Walgreens, Starbucks, Piccadilly, AutoZone, Dollar General, and Subway. It also benefits from documented traffic volumes along Covington Pike (36,474 AADT) and Stage Rd (29,667 AADT), supporting consistent passing demand.

This location is well suited for operators seeking a freestanding footprint in a dense commercial mix where quick-service and retail traffic patterns can drive customers. Given the established tenant environment and strong roadway access, the building should appeal to restaurants looking to trade on visibility and convenience while maintaining independence in their layout and customer flow.

Key Highlights

  • 5,762 SF freestanding restaurant building
  • Situated on 1.2 acres
  • Located in a retail corridor adjacent to Captain D's and Taco Bell

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Restaurant Auto Repair Shop Building Supply Hair Salon Gym & Fitness Center Kitchen & Bath Showroom Electrical Service

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

FAQs

What type of property is this?
Conventional restaurant - Freestanding restaurant building on 1.2 acres in a high-traffic retail corridor with strong adjacency to major brands.
Where is this conventional restaurant located?
The property is located at 3081 Covington Pike Memphis, TN.
What are key features of this property?
This property features: 5,762 SF freestanding restaurant building; Situated on 1.2 acres; Located in a retail corridor adjacent to Captain D's and Taco Bell
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