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1111 Hope St

86,000 SF of Industrial Space Available in Covington, TN 38019

Highlights

  • This multi-tenant industrial building sits on 37 acres and was built in 1965.
  • Ample parking is available with 300 spaces.
  • This property is zoned M1, meaning it is built out for light industrial uses.
  • Covington is less than an hour from Memphis, and is known for it's commerce, manufacturing, and professional services.

Features

Clear Height
26’
Column Spacing
20’ x 60’
Drive In Bays
3
Exterior Dock Doors
36
Levelers
36
Standard Parking Spaces
300

all available space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 86,000 SF
  • Negotiable
  • $6.40 CAD/SF/YR $0.53 CAD/SF/MO $68.88 CAD/m²/YR $5.74 CAD/m²/MO $45,860 CAD/MO $550,314 CAD/YR
  • Industrial
  • Full Build-Out
  • Now

The space consists of 76,000 square feet of industrial space and 10,000 square feet of office space. The office space is open for tenant improvements.

  • Lease rate does not include utilities, property expenses or building services
  • 5 Loading Docks
  • 86,000 square feet of industrial space
  • Includes 10,000 SF of dedicated office space
  • Industrial space available in March of 2024.
  • 10,000 square feet of office space
Space Size Term Rental Rate Space Use Condition Available
1st Floor 86,000 SF Negotiable $6.40 CAD/SF/YR $0.53 CAD/SF/MO $68.88 CAD/m²/YR $5.74 CAD/m²/MO $45,860 CAD/MO $550,314 CAD/YR Industrial Full Build-Out Now

1st Floor

Size
86,000 SF
Term
Negotiable
Rental Rate
$6.40 CAD/SF/YR $0.53 CAD/SF/MO $68.88 CAD/m²/YR $5.74 CAD/m²/MO $45,860 CAD/MO $550,314 CAD/YR
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Floor

Size 86,000 SF
Term Negotiable
Rental Rate $6.40 CAD/SF/YR
Space Use Industrial
Condition Full Build-Out
Available Now

The space consists of 76,000 square feet of industrial space and 10,000 square feet of office space. The office space is open for tenant improvements.

  • Lease rate does not include utilities, property expenses or building services
  • Includes 10,000 SF of dedicated office space
  • 5 Loading Docks
  • Industrial space available in March of 2024.
  • 86,000 square feet of industrial space
  • 10,000 square feet of office space

Property Overview

1111 Hope Street is a multi-tenant industrial facility in the heart of Covington, Tennessee. The property sits on a sprawling 37.32-acre site with over 430,000 square feet. One of its many advantages is the fully fenced lot, with over 300 parking spaces and signage for convenience, security and visibility. Other features include 26-foot clear ceiling heights, 3 drive-in bays, 36 exterior dock doors equipped with levelers, and more! 1111 Hope Street is within proximity to Downtown Covington. It is located off Interstate 51 S for easy connectivity to other major routes and is less than an hour from Memphis, Tennessee.

Distribution FACILITY FACTS

Building Size
426,990 SF
Lot Size
37.32 AC
Year Built
1965
Construction
Masonry
Sprinkler System
Wet
Lighting
Fluorescent
Water
City
Sewer
City
Heating
Gas
Gas
Natural
Power Supply
Amps: 2,000 Volts: 277-480 Phase: 3
Zoning
M1 - Industrial

DEMOGRAPHICS

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
Indianapolis
867,125
414
8 h 10 m
Dallas
1,345,047
486
8 h 46 m
Chicago
2,705,994
500
9 h 24 m
Fort Worth
895,008
527
9 h 36 m
Columbus
892,533
543
10 h 36 m
Charlotte
872,498
582
11 h 16 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
27,645
Total Labor Force
12,373
Unemployment Rate
4.34%
Median Household Income
$51,526
Warehouse Employees
2,643
High School Education Or Higher
84.30%
$ values in USD
  • Listing ID: 25403404

  • Date on Market: 2023-09-25

  • Last Updated:

  • Address: 1111 Hope St, Covington, TN 38019

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