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For Sale: 8,000 SF former Family Dollar 3544 Covington Pike 8,000 SF Retail Building Memphis, TN 38128 $575,000 ($71.88/SF)

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INVESTMENT HIGHLIGHTS

  • Former Family Dollar Built in 2012 with pylon sign, 3-Phase electrical, and LED lighting.
  • .8 Miles from Methodist North Hospital
  • 30 Parking Spaces
  • Potential For Building Expansion with Current Parking

EXECUTIVE SUMMARY

3544 Covington Pike is the ideal building for an owner user. This 8,000 SF building can expand up to 9,000 SF. The former Family Dollar boasts a pylon sign, 3-Phase electrical, and covered side door entrance.
The property is nestled in between a dense retail corridor near Stage and Methodist North Hospital which serves Memphis, Millington, and Tipton County. This is an ideal location for a medical user.
Bring All Offers.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,000 SF
Building Class
B
Year Built
2012
Price
$575,000
Price Per SF
$71.88
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.88 AC
Zoning
CMU-2 - Commercial Mixed-Use Zoning
Parking
30 Spaces (3.75 Spaces per 1,000 SF Leased)
Frontage
178’ on Covington Pike

NEARBY MAJOR RETAILERS

Kroger
Regions Bank
First Horizon Bank
Starbucks
Truist
Patriot National Bancorp, Inc.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-7011-0-0063
Land Assessment
$53,840
Improvements Assessment
$396,840
Total Assessment
$450,680
  • Listing ID: 32472811

  • Date on Market: 7/16/2024

  • Last Updated:

  • Address: 3544 Covington Pike, Memphis, TN 38128

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