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2940 Covington PikeMemphis, TN 38128

Memphis retail space, ample parking.

Overview

Added:
Dec 11, 2024
Days on market:
115
Village on the Pike, a Memphis, Tennessee retail strip center located at 2940 Covington Pike, offers exceptional opportunities for businesses seeking high-visibility locations. This established shopping center boasts a total of 37,246 square feet, currently featuring three suites. There is a significant amount of vacant space totaling 7,975 square feet, providing immediate occupancy options for prospective tenants. The minimum divisible space is 1,275 square feet, ideal for smaller businesses, while larger tenants can occupy up to 5,300 contiguous square feet. The property benefits from ample parking, ensuring convenient access for customers and employees. Situated at the corner of Covington Pike and Stage Road in Shelby County (zip code 38128), this center enjoys excellent visibility and accessibility within a thriving neighborhood shopping environment. The property is classified as a retail strip center and is perfect for a variety of retail uses. This prime location presents a unique chance to establish or expand your business in a high-traffic area of Memphis.

Highlights

  • Excellent visibility and access from Stage Road and Covington Pike.
  • Ample parking directly in front of the center.
  • Double drive-thru opportunity available.
  • Strong tenant mix including Home Depot, Burlington, Marshalls, and Walgreens nearby.
  • Existing tenants include Davita, Dollar General, Goodwill, Metro by T-Mobile, Subway, and First Horizon.
  • High traffic counts: 22,515 AADT on Stage Road and 25,129 AADT on Covington Pike.

Property Details for 2940 Covington Pike

Property type
Neighborhood centers, Retail properties
RSF (Rentable sq. ft)
37,246 SF

Unit(s) available at that property

Space
Suite 2950
Size
1,400 SF
Space
Suite 2962
Size
1,275 SF
Space
Suite 2958
Size
5,300 SF

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.2058934
Longitude
-89.8936639
2940 Covington Pike, Memphis, Tennessee

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2940 Covington Pike
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