1655 Highway 51 S | Covington, TN 38019
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- LoopNet Team
1655 Highway 51 S
Covington, TN 38019
Retail Strip Adj. to Home Depot & Walmart · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 100% Leased High profile 100% Leased retail strip center strategically located between Walmart Supercenter & Home Depot
- Long term tenancy - Historical occupancy | 10-yr +
- Ease of management | Low cost PSF investment | $214 PSF
- NNN leases with rent increases create long term upside
- Close Proximity Blue Oval Ford / EV Manufacturing Plant
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
29,358 SF
Building Class
B
Year Built
2007
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
5.76 AC
Zoning
B-2 City/Highway Oriented
Parking
200 Spaces (6.81 Spaces per 1,000 SF Leased)
AMENITIES
- Pylon Sign
- Restaurant
- Signage
PROPERTY TAXES
| Parcel Number | 050-005.00 | Improvements Assessment | $1,042,800 |
| Land Assessment | $208,000 | Total Assessment | $1,250,800 |
PROPERTY TAXES
Parcel Number
050-005.00
Land Assessment
$208,000
Improvements Assessment
$1,042,800
Total Assessment
$1,250,800
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