5055 Covington Way

For Lease

5055 Covington Way, Memphis, TN 38134

5055 Covington Way currently offers 1 industrial space(s) for rent. The property type is designated as industrial. Use types among leasing opportunities at this property include industrial. The minimum space size listed is 5,550 square feet. Lease type options include Modified Gross. Expand the individual listing section(s) below or reach out to the property representative(s) for additional information on leasing opportunities at 5055 Covington Way.

Space Available For Lease 1

Contacts

broker

Brian Califf

NAI Saig Company

Property Details

  • Property Type Industrial - Flex - Industrial
  • Property Size 11,050 SF
  • Additional Rent Contact for pricing
  • Date Updated Nov 13, 2024
  • HVAC None
Conveniently located off Covington Pike and I-24011,050 SF Office/Flex Tenant Mix Fully Leased Multi-Tenant 12’ Clear Height Located off Covington Pike and I-240 In Place NOI: $81,217.93 In Place CAP Rate: 9.0% Asking Price: $899,000.003,000 SF - Warehouse 700 SF - Office Two private offices Two Individual Restrooms 4 Drive In Doors Conveniently located off Covington Pike and I-240 Asking Rate: $12.00 MG

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Highlights

  • 3,000 SF - Warehouse
  • 700 SF - Office
  • Two private offices
  • Two individual restrooms
  • 4 Drive In Doors
  • Conveniently located off Covington Pike and I-240
  • Asking Rate: $12.00 MG

Attachments

Getting around

  • 35/100

    Walk Score ®

  • 22/100

    Transit Score ®

  • 31/100

    Bike Score ®

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Location

  • City Memphis, TN
  • Neighborhood Raleigh
  • Zip Code 38134
  • Market Memphis

Points of Interest

  • Cleveland Street

    7.54 miles

  • Pauline

    8.11 miles

  • Dunlap

    8.28 miles

  • Orleans

    8.54 miles

  • Danny Thomas

    8.80 miles

  • North End

    8.84 miles

  • Overton

    8.90 miles

  • Convention Center

    9.02 miles

  • Pyramid

    9.04 miles

  • Third Street

    9.09 miles

  • BP

    1.31 miles

  • Exxon

    1.41 miles

  • Mobil

    1.67 miles

  • Shell

    2.01 miles

  • Valero

    2.03 miles

  • Marathon

    2.47 miles

  • ChargePoint

    4.74 miles

  • Tesla Supercharger

    6.18 miles

  • Take 5 Car Wash

    2.60 miles

  • Exxon Hop In

    2.94 miles

  • Jolly Wash

    3.47 miles

  • Enterprise

    5.12 miles

  • CAR WASH

    5.85 miles

  • Tidal Wave Auto Spa

    5.86 miles

  • Glide Xpress

    6.15 miles

  • BP

    6.35 miles

  • Sunshine Carwash

    6.68 miles

  • Car Wash USA Express

    7.05 miles

  • McDonald's

    0.22 miles

  • Domino's

    1.39 miles

  • Ali Baba

    1.42 miles

  • Krystal

    1.73 miles

  • Taco Bell

    1.83 miles

  • Sonic

    1.90 miles

  • Side Porch Steak House

    1.94 miles

  • Elena's Taco Shop

    2.01 miles

  • Waffle House

    2.07 miles

  • Brad's Bar B Q Bartlett

    2.08 miles

5055 Covington Way Listing Brief

  • The rental rate for available space here starts at $12.00. The asking price for this type of property can vary based on the location of the asset, as proximity to transportation hubs, access to highways or ports plays a key role in the building's valuation. Other factors that influence cost are the property age, its quality rating (building class or property class), as well as its on-site facilities and features.

  • A single-tenant industrial space is typically ideal for businesses or organizations that require exclusive and dedicated use of the entire facility. This type of space suits industries or activities that demand specialized infrastructure, privacy, and control over the entire premises.

  • Reach out to listing brokers or property representatives using the contact form available on this page, to find out more about climate control and other essential systems at this property. Climate control is typically used in industrial buildings where businesses store items that are susceptible to temperature and humidity damage, such as food, pharmaceuticals, paper, textiles, and electronics.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Brian Califf

NAI Saig Company

  1. 1Main information
  2. 2Extra information