Office Property in Mixed-Use
For Lease
Contact for pricing
3030 Covington Pike, Memphis, TN 38128
Office property in high-traffic area near national tenants.
Space Size1,824 SF
Property Size20,000 SF
Days on Market1165
Property Features for 3030 Covington Pike
General Information
Standard status
Active
Size
1,824 SF
Class
C
Property subtype
Office
Lease Type
Modified Gross
Building Details
Building Size
20,000 SF
Tenancy
Multiple
Spaces For Lease
at 3030 Covington Pike Contact us- Size
- 1,824 SF
- Type
- Office
- Lease Type
- Modified Gross
- Availability
- Active
Former CPA 271
Listing Agency:
MMIC Inc
Listed By:
Arthur Malkin · License #TN 253811
(901) 761-1002
Source:
Crexi
Added: Jun 28, 2023
Changed: Aug 27
Last Checked: Sep 2 at 6:29PM
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 MMIC Inc
Investment Insights
Based on property information with market context.
This office property is situated within a mixed-use area characterized by high traffic. The location is surrounded by national tenants and benefits from its position at a busy intersection. Neighboring businesses include Home Depot, Burlington, and Walgreens, along with medical facilities, pharmacies, and restaurants.
Key Highlights
- High‑traffic intersection location.
- Surrounded by national tenant businesses.
- Located in a mixed‑use area.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
414
Businesses Nearby
Explore this area
Business Placement
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
Market
Lease Benchmarks for Memphis, TN
$15.75 /SF/Yr
Avg Asking Price
$4.19–$35 /SF/Yr
Price Range
8,076 SF
Avg Space Size
This space is priced 11% below the average of $15.75 /SF/Yr.
Vacancy Rate% for Office in Memphis, TN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office property in high-traffic area near national tenants.
Where is this office units located?
The property is located at 3030 Covington Pike Memphis, TN.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: High‑traffic intersection location.; Surrounded by national tenant businesses.; Located in a mixed‑use area.
