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Renovated Restaurant with Drive-Thru
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3717 Summer Ave, Memphis, TN 38122

Newly renovated restaurant with drive-thru on Summer Avenue in Memphis.

Property Size2,407 SF
Lot Size0.62 Acres
Days on Market740

Property Features for 3717 Summer Ave

General Information

Standard status Active
Size 2,407 SF
Lot size 0.62 Acres
Property subtype RETAIL

Properties For Sale

at 3717 Summer Ave
3717 Summer Ave AVAILABLE, Now
Floor Bldg
Size 2,407 SF
Type RETAIL
Sublease No
- Situated on Summer Avenue, a major thoroughfare with high visibility and easy access - Close proximity to new retail developments such as Chick-fil-A, Starbucks, ALDI, Chipotle, and more - 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, Big Lots, and many more - Traffic Counts: Summer Avenue (20,605 AADT), Sam Cooper Blvd (66,872 AADT), I-40 (138,370 AADT), and I-240 (183,276 AADT)
Contact us
Listing Agency: Jones Aur Commercial Real Estate | Memphis
Listed By: Jonathan Aur
Source: Moodyscre
Added: Sep 26, 2024 Changed: Oct 4 Last Checked: Oct 4 at 1:27PM

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 free-standing, newly renovated restaurant is located on Summer Avenue in East Memphis, at the intersection of Summer Avenue and High Point Terrace. The property, situated on a 0.619-acre corner lot, features dual street frontage and a drive-thru. Located along the Summer Avenue corridor, the property offers a highly visible retail or restaurant opportunity in one of East Memphis’s active commercial areas. The free-standing building provides direct access to both Midtown and the I-40 corridor. Situated near High Point Terrace, the location benefits from built-in density and strong demographics. With dual frontage, a drive-thru, and ample parking, this site combines accessibility, visibility, and neighborhood characteristics. The property size is 2407 square feet.

Key Highlights

  • Newly renovated, free‑standing restaurant building.
  • Located on a 0.619‑acre corner lot with dual street frontage and a drive‑thru.
  • Highly visible location on Summer Avenue in East Memphis.

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.

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

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?
Drive through restaurant - Newly renovated restaurant with drive-thru on Summer Avenue in Memphis.
Where is this drive through restaurant located?
The property is located at 3717 Summer Ave Memphis, TN.
What are key features of this property?
This property features: Newly renovated, free‑standing restaurant building.; Located on a 0.619‑acre corner lot with dual street frontage and a drive‑thru.; Highly visible location on Summer Avenue in East Memphis.
(901) 212-0457 Call to check price and availability
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