5230 Summer Ave Memphis, TN 38122

Building Details

Year Built

1972

Properties For Sale

at 5230 Summer Ave Contact us

Listing Agency: Jones Aur Commercial Real Estate | Memphis j***@jonesaur.com Show Phone

Listed By: Jonathan Aur Show Phone

Source: Jonesaur

Added: Mar 6 Changed: Jul 6 Last Checked: Jul 26 at 6:43AM

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Investment Insights

Based on property information with market context.

This 380,505 square foot retail center, Perimeter Center, features strong co-tenancy and highway visibility. It is located at the interchange of I-240 and I-40, facing Summer Avenue. The property offers ample parking with more than 500 spaces. Area retailers include TJ Maxx, Kroger, ALDI, Chick-fil-A, Starbucks, Chipotle, Dollar General, Subway, McDonald's, Walgreens, Taco Bell, AutoZone, Family Dollar, Pizza Hut, O'Reilly Auto Parts, Wendy's, Ross, Five Below, Papa John's, and Big Lots. Traffic counts are Summer Avenue (21,290 AADT), I-240 (183,276 AADT), and I-40 (138,370). Current tenants include At Home, Floor and Decor, and Royal Furniture.

Key Highlights

• Excellent highway visibility at the I‑240 and I‑40 interchange.
• Strong co‑tenancy with major retailers like At Home, Floor and Decor, and Royal Furniture.
• High traffic counts on Summer Avenue (21,290 AADT), I‑240 (183,276 AADT), and I‑40 (138,370 AADT).

Property Analytics

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FAQs

What type of property is this?

Shopping center - Retail center with strong co-tenancy and highway visibility.

Where is this shopping center located?

The property is located at 5230 Summer Ave Memphis, TN.

What are key features of this property?

This property features: Excellent highway visibility at the I‑240 and I‑40 interchange.; Strong co‑tenancy with major retailers like At Home, Floor and Decor, and Royal Furniture.; High traffic counts on Summer Avenue (21,290 AADT), I‑240 (183,276 AADT), and I‑40 (138,370 AADT).