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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

973 51 Covington, TN 38019

29,640 SF
Property ID
Property summary
AI-generated overview

North Plaza Shopping Center, located at 973 U.S. 51 N in Covington, Tennessee (Lauderdale County, zip code 38019), offers a prime retail opportunity. This established shopping center features a total of 29,640 square feet of commercial space, currently offering 3,200 square feet of vacant space for lease. The available space is ideal for a variety of retail or restaurant uses, with a minimum divisible space of 1,600 square feet and a maximum contiguous space of 1,600 square feet. The property is categorized as multi-tenant. Its convenient location in Covington, TN provides excellent visibility and accessibility for businesses seeking a strong presence in this thriving community. The property is situated at latitude 35.7416428 and longitude -89.5560475. This is an exceptional opportunity for businesses looking to establish or expand their operations in a well-established shopping center. Serious inquiries are encouraged to explore this promising retail space. The property is classified as retail and restaurant space.

Property profile
Verified
Property type Retail properties & Spaces
Total area 29,640 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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