Conventional Restaurant
For Sale
Contact for pricing
3081 Covington Pike, Memphis, TN 38128
Restaurant building located on Covington Pike, just north of Stage Road in the Raleigh Trade Area of Memphis.
Property Size5,762 SF
Days on Market1337
Property Features for 3081 Covington Pike
General Information
Standard status
Active
Size
5,762 SF
Property subtype
RETAIL
Additional Details
Road Access
Yes
Listing Agency:
The Shopping Center Group | Memphis
(901) 869-2720
Listed By:
Shawn Massey
Source:
Moodyscre
Added: Jan 27, 2023
Changed: Sep 5
Last Checked: Sep 24 at 3:58PM
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 The Shopping Center Group | Memphis
Investment Insights
Based on property information with market context.
Restaurant building located at 3081 Covington Pike in Memphis, Tennessee. The property sits on the west side of Covington Pike, just north of the intersection with Stage Road, within the Raleigh Trade Area.
The building provides 5,762 square feet, offering a dedicated restaurant facility for an owner-operator or a tenant seeking a freestanding restaurant location. The site’s position along Covington Pike can support drive-by visibility and straightforward customer access from the main corridor.
For more information on the existing improvements and layout, including how the building may suit your specific restaurant concept, please reach out for details and scheduling.
The building provides 5,762 square feet, offering a dedicated restaurant facility for an owner-operator or a tenant seeking a freestanding restaurant location. The site’s position along Covington Pike can support drive-by visibility and straightforward customer access from the main corridor.
For more information on the existing improvements and layout, including how the building may suit your specific restaurant concept, please reach out for details and scheduling.
Key Highlights
- 5,762 SF conventional restaurant building
- West side of Covington Pike just north of Stage Road
- Located at 3081 Covington Pike, Memphis, TN 38128
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
417
Businesses Nearby
164k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 33%
Home Improvements & Furnishings 22%
Shops & Services 21%
Dining 19%
The Home Depot
Home Improvements & Furnishings
33,732 visits/mo
0.3 miles
Marshalls
Apparel
33,197 visits/mo
0.2 miles
Burlington
Apparel
21,086 visits/mo
0.3 miles
Circle K
Shops & Services
16,340 visits/mo
0.3 miles
Taco Bell
Dining
15,382 visits/mo
0.1 miles
Demographics for 38128, TN
43,197
Population
18,388
Households
2.3
Avg Household Size
32
Median Age
15%
College-Educated
85%
High-School Grad
23.6 sq mi
ZIP Area
1,830
Density / Sq Mi
$43,166
Median Household Income
$32,429
Median Earnings
$1,150
Median Rent
$123,900
Median Home Value
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Market
Vacancy Rate% for Retail in Memphis, TN
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant building located on Covington Pike, just north of Stage Road in the Raleigh Trade Area of Memphis.
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 conventional restaurant building; West side of Covington Pike just north of Stage Road; Located at 3081 Covington Pike, Memphis, TN 38128
