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Covington, TN Strip Malls for Sale

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Retail Portfolio in Covington, TN
$1,325,000
24,950 SF

Retail Portfolio in Covington, TN

919 Highway 51 S, Covington, TN 38019

Two-building retail portfolio with value-add potential in Covington, TN.

  • 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.
  • Located in a high‑traffic retail corridor with excellent visibility.
  • Dedicated, illuminated monument sign for maximum visibility.
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Retail Property on Highway 51
$425,000
6,375 SF

Retail Property on Highway 51

51 U.s North, Covington, TN 38019

Multitenant retail property with high visibility and ample parking.

  • High‑traffic location with strong visibility from Highway 51
  • Stable rental income with an in‑place cap rate of 7.24%
  • Multi‑tenant retail property with 6 tenant spaces and 83.33% occupancy
  • Prominent pylon sign for maximum business exposure
  • Ample on‑site parking for tenants and customers
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Covington, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Explore Opportunities in Nearby Cities

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

Retail Redevelopment Opportunity
$1,400,000
23,000 SF

Retail Redevelopment Opportunity

23,000 SF retail property on 2.64 acres for sale.

3393-3437 National St, Memphis, TN 38108
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Fully Occupied Retail Investment Property
Contact for pricing
5,510 SF

Fully Occupied Retail Investment Property

5,510 SF retail property with stable income in Memphis.

7945 Winchester Rd, Memphis, TN 38125
View details
Mid South Center Shopping Center
$4,342,778
42,130 SF

Mid South Center Shopping Center

42,130 SF shopping center with 97% occupancy.

6219 Highway 305 N, Olive Branch, MS 38654
View details
Retail Center with Credit Tenants
Contact for pricing
12,000 SF

Retail Center with Credit Tenants

12,000 SF retail center 100% occupied by credit tenants.

5025 Church Road Ext, Olive Branch, MS 38654
View details

Covington, TN Strip Malls Investment Opportunities Market Analysis

Explore 2 strip malls for sale in Covington, TN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $8,027,000.

Prices for retail strips in Covington, TN start at $425,000, averaging $2,675,666, and reaching up to $6,277,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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