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Retail Space on Major Thoroughfare
For Lease
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3717 Summer Ave, Memphis, TN 38122

Retail space located on Summer Avenue with high visibility and convenient access.

Space Size2,407 SF
Days on Market508

Property Features for 3717 Summer Ave

General Information

Standard status Active
Size 2,407 SF
Property subtype RETAIL

Spaces For Lease

at 3717 Summer Ave Contact us

3717 Summer Ave

Floor
Bldg
Size
2,407 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Situated on Summer Avenue, a major thoroughfare with high visibility and easy access -...
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Listing Agency: Jones Aur Commercial Real Estate | Memphis
Listed By: Jonathan Aur
Source: Moodyscre
Added: Apr 21, 2025 Changed: Aug 8 Last Checked: Sep 9 at 5:44PM

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 Commercial Real Estate | Memphis

Investment Insights

Based on property information with market context.

This retail space is situated on Summer Avenue, positioned for strong visibility and convenient access off a major thoroughfare. The property is surrounded by active retail development and a dense mix of national and regional tenants.

The area includes retailers such as Chick-fil-A, Starbucks, ALDI, Chipotle, TJ Maxx, Kroger, Dollar General, Walgreens, and several others. Traffic counts cited for the corridor include 20,605 AADT on Summer Avenue, with higher volumes also noted for nearby routes including Sam Cooper Blvd, I-40, and I-240.

The offering is listed for rent and totals 2,407 square feet.

Key Highlights

  • Retail space on Summer Avenue, a major thoroughfare with high visibility and convenient access
  • Strong traffic counts nearby: Summer Avenue (20,605 AADT) and Sam Cooper Blvd (66,872 AADT)
  • Additional highway exposure nearby: I‑40 (138,370 AADT) and I‑240 (183,276 AADT)

Property Analytics

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Current Use

Jeremiah's Italian Ice Grocery & Convenience Store Wendy's Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Pharmacy Dental Office Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

500
Businesses Nearby
25k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 70% Shops & Services 26% Electronics 4%
SONIC Drive In Dining
13,706 visits/mo 0.2 miles
Valero Energy Shops & Services
6,492 visits/mo 0.4 miles
Jeremiah's Italian Ice Dining
2,597 visits/mo 0.1 miles
Pizza Hut Dining
1,611 visits/mo 0.3 miles
Cricket Wireless Authorized Retailer Electronics
1,009 visits/mo 0.2 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Memphis, TN

$14.24 /SF/Yr
Avg Asking Price
$8.33–$20.8 /SF/Yr
Price Range
9,649 SF
Avg Space Size

Vacancy Rate% for Retail in Memphis, TN

6.5% 2019
6.9% 2020
6.3% 2021
4.9% 2022
5% 2023
5.2% 2024
6.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space located on Summer Avenue with high visibility and convenient access.
Where is this retail space located?
The property is located at 3717 Summer Ave Memphis, TN.
What are key features of this property?
This property features: Retail space on Summer Avenue, a major thoroughfare with high visibility and convenient access; Strong traffic counts nearby: Summer Avenue (20,605 AADT) and Sam Cooper Blvd (66,872 AADT); Additional highway exposure nearby: I‑40 (138,370 AADT) and I‑240 (183,276 AADT)
(901) 212-0457 Call to check price and availability
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