Kroger-Anchored Shopping
For Sale
Contact for pricing
Pending
4270 Summer Ave, Memphis, TN 38122
Multi-anchor retail center with established tenants and access to major Memphis-area employment centers.
Property SizeContact for details
Days on Market141
Property Features for 4270 Summer Ave
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Anchor Co-Tenants
Kroger, Ross Dress for Less, Aaron's, Five Below
Traffic Count
30,550 vehicles/day
Building Details
Tenancy
Multi
Listing Agency:
JLL - Atlanta, Georgia
(404) 942-2212
Listed By:
Jim Hamilton · License #GA 270038
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 12:39AM
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 JLL - Atlanta, Georgia
Investment Insights
Based on property information with market context.
Summer Center is a Kroger-anchored shopping center with additional anchor presence from Ross Dress for Less, Aaron's, and Five Below. The tenant lineup provides multiple retail draws within a single center, supported by a well-tenured tenancy profile.
The property is located at 4270 Summer Ave in Memphis, within the Memphis MSA and 7 miles east of Downtown Memphis. Summer Ave records 30,550 AADT, with I-240 carrying 206,483 AADT and I-40 carrying 96,170 AADT nearby. Regional economic drivers include Memphis International Airport, FedEx corporate headquarters with 30,000 employees, and International Paper corporate headquarters with 34,000 employees. The site is adjacent to East Memphis, where average household incomes exceed $200,000 and several country club communities are located.
The property is located at 4270 Summer Ave in Memphis, within the Memphis MSA and 7 miles east of Downtown Memphis. Summer Ave records 30,550 AADT, with I-240 carrying 206,483 AADT and I-40 carrying 96,170 AADT nearby. Regional economic drivers include Memphis International Airport, FedEx corporate headquarters with 30,000 employees, and International Paper corporate headquarters with 34,000 employees. The site is adjacent to East Memphis, where average household incomes exceed $200,000 and several country club communities are located.
Key Highlights
- Kroger‑anchored shopping center with Ross Dress for Less, Aaron's, and Five Below
- Located 7 miles east of Downtown Memphis in the Memphis MSA
- Fronts Summer Ave, which carries 30,550 AADT
Property Analytics
Current Use
Lease Details
30,550 VPD
Traffic count
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
556
Businesses Nearby
359k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 26%
Dining 26%
Apparel 18%
Home Improvements & Furnishings 17%
Lowe's
Home Improvements & Furnishings
45,589 visits/mo
0.5 miles
Kroger
Groceries
44,708 visits/mo
0.1 miles
T.J. Maxx
Apparel
31,677 visits/mo
0.1 miles
McDonald's
Dining
28,185 visits/mo
0.2 miles
Ross Dress for Less
Apparel
27,744 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
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Frequently Asked Questions
What type of property is this?
Shopping center - Multi-anchor retail center with established tenants and access to major Memphis-area employment centers.
Where is this shopping center located?
The property is located at 4270 Summer Ave Memphis, TN.
What are key features of this property?
This property features: Kroger‑anchored shopping center with Ross Dress for Less, Aaron's, and Five Below; Located 7 miles east of Downtown Memphis in the Memphis MSA; Fronts Summer Ave, which carries 30,550 AADT
