Retail Building on Summer
For Sale
Contact for pricing
5240 Summer Avenue, Memphis, TN 38122
10,000 SF retail building on 1.05 acres for sale.
Property Size10,000 SF
Lot Size1.05 Acres
Days on Market100
Property Features for 5240 Summer Avenue
General Information
Standard status
Active
Size
10,000 SF
Lot size
1.05 Acres
Property subtype
Retail
Building Details
Building Size
10,000 SF
Properties For Sale
at 5240 Summer Avenue Contact us- Size
- 10,000 SF
- Term
- Negotiable
5240
Listing Agency:
Jones Aur
(901) 581-5049
Listed By:
Dustin Jones · License #TN #332179
(901) 581-5049
Source:
Jonesaur
Added: May 14
Changed: Aug 8
Last Checked: Aug 20 at 5:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jones Aur
Investment Insights
Based on property information with market context.
The property is a 10,000 square foot building situated on a 1.05-acre lot. It is located directly on Summer Avenue at the I-40/I-240 interchange. The property includes a dedicated pylon sign visible from Summer Avenue, I-40, and I-240. The site provides over 50 parking spaces. Area retailers include At Home, TJ Maxx, Five Below, Restaurant Depot, ALDI, Lowe's, O'Reilly Auto Parts, Harbor Freight, Walgreens, Chick-Fil-A, Burger King, Starbucks, Wendy's, and Taco Bell. Traffic counts are significant, with I-40 recording 170,351 AADT, I-240 recording 174,669 AADT, and Summer Avenue recording 20,824 AADT. The location is suitable for retailers seeking strong exposure along major Memphis corridors.
Key Highlights
- High visibility location directly on Summer Ave at the I‑40/I‑240 interchange.
- Substantial traffic counts: I‑40 (170,351 AADT), I‑240 (174,669 AADT), and Summer Ave (20,824 AADT).
- 10,000 SF building on a 1.05‑acre lot with 50+ parking spaces.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
423
Businesses Nearby
151k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 42%
Home Improvements & Furnishings 28%
Dining 12%
Groceries 7%
At Home
Home Improvements & Furnishings
21,974 visits/mo
0.3 miles
Bargain Hunt
Shops & Services
18,570 visits/mo
0.2 miles
McDonald's
Dining
16,734 visits/mo
0.3 miles
Dollar Tree
Shops & Services
14,371 visits/mo
0.3 miles
Exxon
Shops & Services
13,447 visits/mo
0.1 miles
Demographics for 38122, TN
26,432
Population
10,201
Households
2.6
Avg Household Size
33
Median Age
22%
College-Educated
74%
High-School Grad
6.8 sq mi
ZIP Area
3,887
Density / Sq Mi
$45,456
Median Household Income
$32,760
Median Earnings
$1,127
Median Rent
$108,200
Median Home Value
Market
Vacancy Rate% for Retail in Memphis, TN
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - 10,000 SF retail building on 1.05 acres for sale.
Where is this retail space located?
The property is located at 5240 Summer Avenue Memphis, TN.
What are key features of this property?
This property features: High visibility location directly on Summer Ave at the I‑40/I‑240 interchange.; Substantial traffic counts: I‑40 (170,351 AADT), I‑240 (174,669 AADT), and Summer Ave (20,824 AADT).; 10,000 SF building on a 1.05‑acre lot with 50+ parking spaces.
