Covington, GA
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    Covington, GA Strip Malls for Sale

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    Porterdale, GA Oxford, GA Social Circle, GA
    Multi-Tenant Pad Building in Covington
    $3,745,000
    8,500 SF
    Multi-Tenant Pad Building in Covington

    10373 Industrial Boulevard, Covington, GA 30014

    100% leased, three-tenant building near Walmart and Home Depot.
    • Anchored by Mattress Firm (NYSE:SGI), a national brand with 2,300+ locations.
    • Located adjacent to a top‑performing Walmart Supercenter, driving significant customer traffic.
    • All original tenants with recent lease renewals and a 10‑year historical occupancy, indicating stability.
    • NNN leases provide ease of management, with tenants responsible for taxes, insurance, and common area maintenance.
    • Property is 100% leased with a 6.65% Cap Rate in Sept 2028 and annual rent increases in 2 of 3 leases.
    Updated: Nov 25, 2025
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    Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 1 Active listings in Covington, GA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 13 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Retail Strip Center Investment Opportunity
    $2,300,000
    15,000 SF
    Retail Strip Center Investment Opportunity

    Retail strip center with high occupancy in Stone Mountain, GA.

    414 N Hairston Rd, Stone Mountain, GA 30083

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    Stone Mountain Retail Shopping Center
    $4,800,000
    29,346 SF
    Stone Mountain Retail Shopping Center

    29,346 SF retail shopping center in Stone Mountain, GA.

    5895 Memorial Dr, Stone Mountain, GA

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    Retail Space in McDonough Development
    Contact for pricing
    2,500 SF
    Retail Space in McDonough Development

    2,500 SF retail space in new McDonough development.

    Jonesboro Rd, Mcdonough, GA

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    Retail End Cap in McDonough
    Contact for pricing
    1,800 SF
    Retail End Cap in McDonough

    1,800 SF retail space in new McDonough development.

    1180 Jonesboro Rd, Mcdonough, GA 30253

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Stockbridge Commercial Development Opportunity
    $450,000
    3.50 Acres
    Stockbridge Commercial Development Opportunity

    3.5-acre C-2 zoned land in Home Depot Shopping Center.

    Highway 138, Stockbridge, GA 30281

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    Commercial Lot in Warner Robins
    $199,000
    0.58 Acres
    Commercial Lot in Warner Robins

    Vacant commercial lot suitable for office or retail development.

    151 Smithville Church Rd, Warner Robins, GA 31088

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    Fort Valley Commercial Land Investment
    $325,000
    1.32 Acres
    Fort Valley Commercial Land Investment

    1.32 acre commercial land suitable for retail development.

    7088 Moseley Road, Fort Valley, GA 31030

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    2.17 Acres Vacant Commercial Lot
    $575,000
    2.17 Acres
    2.17 Acres Vacant Commercial Lot

    Vacant lot next to Ingles, suitable for fast food.

    289 E Louise Street, Clarkesville, GA 30523

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    Off-Market Properties in Covington, GA

    Consider similar Off-Market properties in Covington, GA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3139 Hwy 278th NE
    SHOPPING CENTER, STRIP CENTER
    262,792 SF Lot: 20.94 Acres
    Estimated value
    $33,070,000

    3139 Hwy 278th NE, Covington, GA 30014-2301

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    2125 Pace St
    SHOPPING CENTER, STRIP CENTER
    54,759 SF Lot: 4.35 Acres
    Estimated value
    $2,600,000

    2125 Pace St, Covington, GA 30014-6659

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    7121 Turner Lk NW Rd
    SHOPPING CENTER, STRIP CENTER
    73,624 SF Lot: 15.25 Acres
    Estimated value
    $9,505,000

    7121 Turner Lk NW Rd, Covington, GA 30014-2066

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    3249 Salem Rd
    SHOPPING CENTER, STRIP CENTER
    53,994 SF Lot: 6.95 Acres
    Estimated value
    $6,930,000

    3249 Salem Rd, Covington, GA 30016-1863

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    6163 Hwy 278th NE
    SHOPPING CENTER, STRIP CENTER
    58,980 SF Lot: 8.31 Acres
    Estimated value
    $2,825,000

    6163 Hwy 278th NE, Covington, GA 30014-2673

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    3157 Elm NE St
    SHOPPING CENTER, STRIP CENTER
    61,804 SF Lot: 7.65 Acres
    Estimated value
    $7,965,000

    3157 Elm NE St, Covington, GA 30014-2466

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    9148 Hwy 278th NE
    SHOPPING CENTER, STRIP CENTER
    10,408 SF Lot: 1.10 Acres
    Estimated value
    $1,435,000

    9148 Hwy 278th NE, Covington, GA 30014-7032

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    13015 Brown Brg Rd
    SHOPPING CENTER, STRIP CENTER
    66,660 SF Lot: 12.80 Acres
    Estimated value
    $8,755,000

    13015 Brown Brg Rd, Covington, GA 30016-9111

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    3600 Salem Rd
    SHOPPING CENTER, STRIP CENTER
    125,971 SF Lot: 23.84 Acres
    Estimated value
    $15,995,000

    3600 Salem Rd, Covington, GA 30016-4526

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    9176 Hwy 278th NE
    SHOPPING CENTER, STRIP CENTER
    68,360 SF Lot: 18.83 Acres
    Estimated value
    $8,905,000

    9176 Hwy 278th NE, Covington, GA 30014-7023

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    10255 Industrial NE Blvd
    SHOPPING CENTER, STRIP CENTER
    11,805 SF Lot: 0.77 Acres
    Estimated value
    $1,600,000

    10255 Industrial NE Blvd, Covington, GA 30014-6323

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    6123 Hwy 278th NE
    SHOPPING CENTER, STRIP CENTER
    99,686 SF Lot: 11.50 Acres
    Estimated value
    $12,760,000

    6123 Hwy 278th NE, Covington, GA 30014-2663

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    5340 Hwy 20th S
    SHOPPING CENTER, STRIP CENTER
    78,800 SF Lot: 17.98 Acres
    Estimated value
    $10,475,000

    5340 Hwy 20th S, Covington, GA 30016-8085

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    Covington, GA Strip Malls Investment Opportunities Market Analysis

    Explore 14 strip malls for sale in Covington, GA on our real estate platform. These investment opportunities span a total of 8,500 square feet of properties for sale, with an estimated market value of $3,745,000.

    Sale prices for retail strips in Covington, GA start at $3,745,000, averaging $3,745,000, and reaching up to $3,745,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Automotive properties 6
    Parking lots & garages 3
    Auto shops 2
    Banks 1
    Drug stores 1

    Demographics Overview

    Population 101K
    Population Growth (5Y) +8.6%
    Median Household Income $72,998
    College Educated 20.9%

    High-Yield Neighborhoods for Investment

    Identify Covington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    30014 $3.7M

    Taxes & Financing

    Tax Rate (average for all types) 3.15%
    Property Tax per SF $79.01 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Newton County

    New Delisted

    Total CRE Inventory on Market (SF)

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