3024 Covington Pike Memphis, TN 38128
- Strip malls
- 20,000 SF
- 1.84 lot acres
Current Use by Public Records
- Spirits Unlimited / Liquor Store
- Plaza Pharmacy / Pharmacy
- Cash Quick of Memphis / Loan Agency
- E&R Ribs and Wings / Restaurant
- Queen Nails / Nail Salon
Property Details for 3024 Covington Pike
- Year built
- 1974
- Lot size
- 1.84 lot acres
- Property size
- 20,000 SF
- Zone code
- CMU-2
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 087-051- - -00111
- APU
- 8705100111
Description
This exceptional 4,000 square foot retail or creative office space is situated within the Covington Commons complex, a vibrant mixed-use development in Memphis, Tennessee. Located at 3024 Covington Pike, this single-story building boasts a prime location at the high-traffic intersection of Covington Pike and Stage Road. Built in 1974 and renovated in 2016, the property offers a Class B space within a larger 20,000 square foot building encompassing seven suites. The 1.84-acre lot provides ample space, and the property benefits from its proximity to numerous national retailers including Walgreens, Regions Bank, Taco Bell, Home Depot, Marshalls, and Burlington Coat Factory. This high-visibility location is surrounded by a dense concentration of businesses, including financial services, medical practices, and other retail establishments, ensuring high foot traffic and visibility. The space is immediately available and offers a unique opportunity for businesses seeking a prominent location in a thriving commercial area of Shelby County. The minimum divisible space is 4,000 square feet, with a maximum contiguous space also of 4,000 square feet. There are no elevators in this single-story building.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.8939
- Latitude
- 35.208
- CBSA code
- 32820
- CBSA name
- MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
