5055 Covington Way Memphis, TN 38134
- Industrial properties
- 11,100 SF
- 0.97 lot acres
Current Use by Public Records
- Ambishun Fitness / Fitness Center
- Omnicare / Pharmacy
- Racc Acceptance / Furniture Rental Service
- Your Favorite Nutritionist, LLC / Herb Shop / Herbal Medicine Store
Property Details for 5055 Covington Way
- Year built
- 1986
- Lot size
- 0.97 lot acres
- Property size
- 11,100 SF
- Zone code
- EMP
- Property type
- Industrial properties
- Property subtype
- Loft space
- APN
- 088-040- - -00113
- APU
- 8804000113
Description
This single-tenant industrial flex space at 5055 Covington Way offers a unique opportunity. The property boasts a flexible layout previously occupied by a pharmacy, featuring multiple offices and a small warehouse area. The total square footage ranges from 1,850 to 5,550 square feet, providing ample space for a variety of businesses. The building includes four restrooms for employee and customer convenience. The property's adaptability is a key advantage; the landlord is willing to convert the space back to a standard warehouse configuration if needed, making it suitable for a wide range of uses. This presents a rare chance to acquire a well-located industrial property with significant flexibility and potential for customization. The property's previous use as a pharmacy suggests existing infrastructure suitable for businesses requiring office and storage space. The size range allows for businesses of varying scales to find a suitable fit. The availability of four restrooms further enhances the property's functionality and appeal. The landlord's willingness to adapt the space to the tenant's needs underscores the commitment to providing a tailored solution. This makes 5055 Covington Way an exceptional opportunity for businesses seeking a versatile and adaptable industrial space.
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
- -89.8951
- Latitude
- 35.1823
- CBSA code
- 32820
- CBSA name
- MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA