2180 Covington Pike | Memphis, TN 38128
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2180 Covington Pike
Memphis, TN 38128
Wendy's - 20-Year Absolute NNN · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 20-year absolute NNN lease, annual CPI increases
- Outparcel to Sam’s Club, adjacent to McDonald’s.
- Property undergoing complete remodel, enhancing long-term value and appeal.
- Proven location continuous occupancy since 1986.
- High-traffic Covington Pike Corridor, strong commute corridor
- Major artery: 39,000+ vehicles per day on Covington Pike
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,844 SF
Building Class
B
Year Built/Renovated
1986/2025
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.77 AC
Zoning
EMP - Commercial district zone
Parking
50 Spaces (17.77 Spaces per 1,000 SF Leased)
Frontage
171’ on Covington Pike
AMENITIES
- 24 Hour Access
- Pylon Sign
- Signage
- Drive Thru
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 08-8040-0-0105 | Improvements Assessment | $346,840 |
| Land Assessment | $95,440 | Total Assessment | $442,280 |
PROPERTY TAXES
Parcel Number
08-8040-0-0105
Land Assessment
$95,440
Improvements Assessment
$346,840
Total Assessment
$442,280
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