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    Covington, TN
    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.

    Neighborhood Shopping Center
    Neighborhood Shopping Center

    8095 Macon Rd, Cordova, TN 38018

    Contact for pricing
    15,050 sqft

    Existing vacant space offers room for additional tenants within this retail property.

    View details
    Retail Strip Center in Memphis
    Retail Strip Center in Memphis

    7505-7547 Highway 64, Memphis, TN 38133

    Contact for pricing
    16,150 sqft

    16,150 SF retail strip center in the Wolfchase Trade Area.

    View details
    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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    Corner Strip Mall with Open Suite
    Corner Strip Mall with Open Suite

    1150 Dexter Ln, Cordova, TN 38016

    Contact for pricing

    The available storefront includes an entry area, two rooms, a break area restroom, and on-site parking.

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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.

    View details

    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 2
    Storefront properties 2

    Demographics Overview

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

    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
    38019 $650K

    Taxes & Financing

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

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