919 Highway 51 S Covington, TN 38019
Two-building retail portfolio with value-add potential in Covington, TN.
Type:Retail
Property size:
24,950 SF- Added:
- Nov 21, 2025
- Days on Market:
- 136
- Last Refresh:
- Dec 3 at 5:52 am
Property Features for 919 Highway 51 S
General Information
- Standard status
- Active
- Size
- 24,950 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1989
Listing agent Rhonda C Darden License #525183
Listing office ISA 4319 Realty LLC (240) 585-5107
Listing date Nov 21, 2025
Source Naiglobal
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 ISA 4319 Realty LLC
Overview
Retail Portfolio in Covington, TN
The West Side Shopping Center is a retail portfolio featuring two buildings totaling approximately 24,950 square feet on 2.13 acres across two parcels. The property is currently 66% occupied and generates a gross annual income of $120,768. Existing tenants operate under short-term and month-to-month leases at below-market rental rates, presenting an opportunity to increase returns through strategic lease-up and rent adjustments. Building 1 comprises 7,500 square feet, while Building 2 offers 17,950 square feet. The property includes dedicated, illuminated monument signage and benefits from high visibility in a high-traffic retail corridor. Shadow-anchored by Harbor Freight, this property is located in Covington, TN, and is suitable for investors, owner-users, or redevelopment opportunities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Shopping centers
Similar Places Nearby
- North Plaza Shopping Center — Covington, TN 38019
- Park Plaza — 877 U.S. 51 S, Covington, TN 38019
Location Insight
- Map
- Local Demand
- City
- Covington
- County
- Tipton
- State
- Tennessee
- Longitude
- -89.643896
- Latitude
- 35.57934
Nearby Similar for Sale
FAQs
What type of property is this?
Shopping center - Two-building retail portfolio with value-add potential in Covington, TN.
Where is this shopping center located?
The property is located at 919 Highway 51 S Covington, TN.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: Significant value‑add potential through lease‑up and rent adjustments.; Immediate cash flow with $120,768 gross annual income currently generated at 66% occupancy.; Two‑building retail portfolio totaling 24,950 SF on 2.13 acres.
