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Covington Commons 1655 Highway 51 S 2,720 - 6,740 SF of Retail Space Available in Covington, TN 38019
Highlights
- Availability within a 29,536 SF Retail Center located between Walmart Supercenter and Home Depot
- Current co-tenants include well-known national and regional brands such as Hibbett Sports, Maurices, T-Mobile, and Goodwill
- Situated in Covington's main retail corridor with high traffic counts and retail draw
- Traffic Counts: U.S. 51 (18,309 AADT)
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Suite A | 4,020 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste Suite J | 2,720 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1655 Highway 51 S - 1st Floor - Ste Suite A
Covington Commons provides an excellent opportunity for retailers seeking a prime location in Covington, TN. The center benefits from its strategic placement in the city’s main retail corridor, high traffic counts, and proximity to major anchors like Walmart and Home Depot. With a diverse tenant mix including Hibbett Sports, Maurices, T-Mobile, and Goodwill, the property offers strong consumer draw and favorable demographics for sustained retail success.
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
1655 Highway 51 S - 1st Floor - Ste Suite J
Covington Commons provides an excellent opportunity for retailers seeking a prime location in Covington, TN. The center benefits from its strategic placement in the city’s main retail corridor, high traffic counts, and proximity to major anchors like Walmart and Home Depot. With a diverse tenant mix including Hibbett Sports, Maurices, T-Mobile, and Goodwill, the property offers strong consumer draw and favorable demographics for sustained retail success.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at Covington Commons
- Tenant
- Description
- US Locations
- Reach
- Cricket
- Wireless Communications
- 6,026
- National
- Goodwill
- Dollar/Variety/Thrift
- 5,436
- International
- Hibbett Sports
- Sporting Goods
- 1,342
- National
- Maurices
- Ladies' Apparel
- 1,042
- International
- Ming's Buffet & Grill
- Restaurant
- 1
- Local
- STAR Physical Therapy
- Health Care
- 76
- Regional
| Tenant | Description | US Locations | Reach |
| Cricket | Wireless Communications | 6,026 | National |
| Goodwill | Dollar/Variety/Thrift | 5,436 | International |
| Hibbett Sports | Sporting Goods | 1,342 | National |
| Maurices | Ladies' Apparel | 1,042 | International |
| Ming's Buffet & Grill | Restaurant | 1 | Local |
| STAR Physical Therapy | Health Care | 76 | Regional |
Property Facts
| Total Space Available | 6,740 SF | Frontage | 330’ on Us-51 Hwy |
| Center Type | Strip Center | Gross Leasable Area | 29,358 SF |
| Parking | 200 Spaces | Total Land Area | 5.76 AC |
| Center Properties | 1 | Year Built | 2007 |
| Total Space Available | 6,740 SF |
| Center Type | Strip Center |
| Parking | 200 Spaces |
| Center Properties | 1 |
| Frontage | 330’ on Us-51 Hwy |
| Gross Leasable Area | 29,358 SF |
| Total Land Area | 5.76 AC |
| Year Built | 2007 |
About the Property
Covington Commons is a 29,536 SF retail center located in Covington’s primary retail corridor along U.S. Highway 51. The center is positioned between a Walmart Supercenter and Home Depot, offering strong visibility and accessibility. It features a mix of national and regional tenants, creating a vibrant retail environment.
- Pylon Sign
Nearby Major Retailers
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Covington Commons | 1655 Highway 51 S
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