Retail Center Near I-40
For Lease
Contact for pricing
5124 Summer Ave, Memphis, TN 38122
Summer Commons Center is anchored by a national mix and positioned on Summer Avenue near the I-40 interchange.
Property Size41,534 SF
Days on Market438
Property Features for 5124 Summer Ave
General Information
Standard status
Active
Size
41,534 SF
Property subtype
RETAIL
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Coastal Equities - Corporate
(954) 385-0001
Listed By:
Jude Crayton · License #332179
(954) 385-0001
Source:
Moodyscre
Added: May 20, 2025
Changed: Jul 29
Last Checked: Jul 30 at 1:46PM
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 Coastal Equities - Corporate
Investment Insights
Based on property information with market context.
Summer Commons Center is a retail shopping center located at 5124 Summer Ave. The property benefits from a diverse tenant mix that includes Northern Tool + Equipment, Save-A-Lot, Dollar Tree, Subway, T Mobile, Check Into Cash, City Thrift, and AC Dental.
The center is situated on Summer Avenue (Highway 70), an east/west corridor for the Memphis MSA with traffic counts in excess of 23,900 vehicles for the property. It also sits immediately west of the Interstate 40/Summer Avenue interchange, where Interstate 40 carries approximately 95,000 vehicles per day at this location.
The center is situated on Summer Avenue (Highway 70), an east/west corridor for the Memphis MSA with traffic counts in excess of 23,900 vehicles for the property. It also sits immediately west of the Interstate 40/Summer Avenue interchange, where Interstate 40 carries approximately 95,000 vehicles per day at this location.
Key Highlights
- Located on Summer Avenue (Highway 70), an east/west corridor for the Memphis MSA with traffic counts over 23,900 vehicles for the property
- Immediately west of the I‑40/Summer Avenue interchange, where I‑40 carries approximately 95,000 vehicles per day at this location
- Diverse tenant mix includes Northern Tool + Equipment, Save‑A‑Lot, Dollar Tree, Subway, T Mobile, Check Into Cash, City Thrift, and AC Dental
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
508
Businesses Nearby
28k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 81%
Shops & Services 15%
Electronics 4%
SONIC Drive In
Dining
13,706 visits/mo
0.0 miles
Kung Fu Tea
Dining
4,995 visits/mo
0.4 miles
Exxon
Shops & Services
3,735 visits/mo
0.4 miles
Jeremiah's Italian Ice
Dining
2,597 visits/mo
0.2 miles
Pizza Hut
Dining
1,611 visits/mo
0.4 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
Lease Benchmarks for Memphis, TN
$12.5 /SF/Yr
Avg Asking Price
$6–$18 /SF/Yr
Price Range
69,941 SF
Avg Space Size
Vacancy Rate% for Retail in Memphis, TN
Questions? Ask Rey
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Similar Off Market Nearby
- Cloverleaf Shopping Center — Memphis, TN 38122
- Summer Commons — 5124 Summer Ave, Memphis, TN 38122
- Watts Overstock Outlet — memphis, tn 38122
- Scholastic Wharehouse Book Sale — 5230 Summer Ave, Memphis, TN 38122
- Bell Plaza Shopping Center — Memphis, TN 38122
Frequently Asked Questions
What type of property is this?
Shopping center - Summer Commons Center is anchored by a national mix and positioned on Summer Avenue near the I-40 interchange.
Where is this shopping center located?
The property is located at 5124 Summer Ave Memphis, TN.
What are key features of this property?
This property features: Located on Summer Avenue (Highway 70), an east/west corridor for the Memphis MSA with traffic counts over 23,900 vehicles for the property; Immediately west of the I‑40/Summer Avenue interchange, where I‑40 carries approximately 95,000 vehicles per day at this location; Diverse tenant mix includes Northern Tool + Equipment, Save‑A‑Lot, Dollar Tree, Subway, T Mobile, Check Into Cash, City Thrift, and AC Dental
