950 Highway 51 N
Covington, TN 38019
Walgreens · Retail Property For Sale

This Walgreens property is located at 950 Highway 51 North in Covington, Tennessee. Covington is the largest city and county seat of Tipton County, which is located in West Tennessee. Situated just 42 miles northeast of Memphis, Covington is part of the Memphis, Tennessee Metropolitan Area. Surrounding Retail and Points of Interest The subject property is strategically positioned in a dense retail corridor benefiting from its proximity to major national and local tenants. Major national tenants in the area include: Kroger Grocery Store, Tractor Supply Company, O’Reilly Auto Parts, Krystal, Dollar Tree, Family Dollar, a Chrysler, Dodge, Jeep and Ram Dealership, McDonald’s, Sonic, Wendy’s, Pizza Hut, Popeyes, Taco Bell, as well as many others. Accommodations in the immediate area include: Holiday Inn Express & Suites, Quality Inn & Suites, Days Inn, Executive Inn & Suites, and Motel 6. This Walgreens also benefits from its close proximity to academic institutions. Covington High School, Covington Integrated Arts Academy, Crestview Middle School and Crestview Elementary School are all located within a three mile radius of the subject property and have a combined enrollment of over 3,688 students. Covington, Tennessee Memphis’ central geographic location has been strategic to its business development. Located on the Mississippi River and intersected by five freight railroads and two Interstate Highways, Memphis is ideally located for commerce in the transportation and shipping industry. Memphis International Airport, the world’s second-busiest cargo airport, serves as a primary hub for FedEx Express shipping. Memphis is home to three Fortune 500 companies, FedEx, International Paper, and AutoZone. Other major corporations based in the city include: Baker, Lenny’s Sub Shop, ServiceMaster, and Verso Paper. The endless amount of cultural activities that draw yearly crowds include: Memphis in May, Africa in April, Memphis Italian Festival, Carnival Memphis, Cooper-Young Festival, and Indie Memphis Film Festival. Graceland, the former home of Elvis Presley, is one of the most visited houses in the United States, attracting over 600,000 visitors per year.