Share this listing
Pre-formatted captions, a short link, and a QR code — ready to paste.
Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…
802 Hwy 51 S
Covington, TN 38019
Asking Price
Contact for price
Asset Type
QSR/Fast Food Retail
Class
Class B
What's Special
Retail | 6.00% CAP | 2,811 SqFt <ul><li><span style="color: rgba(0, 30, 69, 1)">Long-Term NNN Lease With CPI-Based Increases</span></li><li><span style="color: rgba(0, 30, 69, 1)">Surrounded by National Retail Anchors</span></li><li><span style="color: rgba(0, 30, 69, 1)">Growing Covington Market With Major Developments</span></li><li><span style="color: rgba(0, 30, 69, 1)">Part of Memphis MSA With Strong Demographics</span></li><li><span style="color: rgba(0, 30, 69, 1)">Globally Recognized QSR Brand</span></li></ul><p><
Free Valuation Calculator
No login requiredRun the numbers on this deal. All calculations are estimates — verify with your lender and accountant.
NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
