Strip Mall

Covington, TN Strip Malls for Sale

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Brick Strip Mall
Updated: Aug 20
Brick Strip Mall

711 N Main St, Covington, TN 38019

$650,000
0.51 AC lot
Four tenants currently occupy the building
Visible from Highway 51 with service‑road access
0.51‑acre site with parking at the front, sides, and rear
Two tenant spaces are separately metered
Brick building constructed in 1989
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Covington, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

Fully Occupied Commercial Strip Mall
Fully Occupied Commercial Strip Mall

192 Washington St, Ripley, TN 38063

Contact for pricing
12,200 sqft

Prime commercial strip mall with stable income in thriving area.

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Fully Occupied Strip Mall
Fully Occupied Strip Mall

WASHINGTON St S, Ripley, TN 38063

$480,000

The center contains multiple occupied tenant spaces in a commercial retail configuration.

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Retail Strip Center Storefront
Retail Strip Center Storefront

8385 Us Highway 64, Memphis, TN 38133

Contact for pricing

Ground-floor retail suites are available along Highway 64, supported by strong nearby mall co-tenancy.

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Medical Office Home with 355' Frontage
Medical Office Home with 355' Frontage

2834 Kate Bond, Memphis, TN 38133

Contact for pricing

Large home suited for doctor, dentist, or lawyer offices, with 355 feet of frontage on Educator Rd.

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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.

Mixed-Use Zoned Development Land
Mixed-Use Zoned Development Land

8055 HWY 64, Oakland, TN 38060

$999,000
15.92 AC lot

Two zoning designations offer flexible development options with frontage positioned for high traffic exposure.

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Covington, TN Strip Malls Market Trends and Statistics

Explore 1 strip malls for sale in Covington, TN on our real estate platform.

Sale prices for retail strips in Covington, TN average $650,000 — 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

Shopping centers 5
Storefront properties 1

Demographics Overview

Population 16K
Population Growth (5Y) -1.5%
Median Household Income $59,957
College Educated 20.2%

Taxes & Financing

Tax Rate (average for all types) 2.97%
Property Tax per SF $59.62 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Tipton County

New Delisted

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