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    3393 Summer Ave Memphis, TN 38122

    For Lease
    $14 SF/Yr ($8,370 /Mo)

    Retail property for lease at a high-traffic intersection.

    Property size:
    7,000 SF
    Lot size:
    7,000 SF

    Property Features for 3393 Summer Ave

    General Information

    Size
    7,000 SF

    Source: Brian Califf, CCIM Agent Brian Califf, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space For Lease

    Located at the intersection of Summer Avenue and National Street, this retail property offers spaces for lease. The property, with a size of 7,000 square feet, is currently undergoing renovation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Riley Wrapz Tobacco Shop Lauren and Rice Garbage Dump Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    High Point Plaza, Summer Place Center, French Village Square, Highland Square

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.9482157
    Latitude
    35.1492032

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    FAQs

    What type of property is this?
    Shopping center - Retail property for lease at a high-traffic intersection.
    Where is this shopping center located?
    The property is located at 3393 Summer Ave Memphis, TN.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Highly trafficked intersection of Summer and National; - Property undergoing massive renovation; - Call broker for available suites
    (901) 830-0421
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    3393 Summer Ave Memphis, TN 38122
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    Memphis, TN 38122
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3393 Summer Ave Memphis, TN 38122
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