Retail Space Near Major
For Lease
Contact for pricing
4862 Summer Ave, Memphis, TN 38122
Sublease opportunity suited to grocery, furniture, and other retail users in East Memphis.
Space Size16,800 SF
Days on Market90
Property Features for 4862 Summer Ave
General Information
Standard status
Active
Size
16,800 SF
Property subtype
Single Tenant or Freestanding Building
Additional Details
Sublease
Yes
Spaces For Lease
at 4862 Summer Ave Contact us- Size
- 16,800 SF
- Term
- Negotiable
4862
Listing Agency:
TSCG The Shopping Center Group Memphis
(901) 334-5702
Listed By:
Shawn Massey, CCIM, CRRP, ALC · License #372782
Source:
Theshoppingcentergroup
Added: Jun 2
Changed: Aug 29
Last Checked: Aug 29 at 3:59PM
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 TSCG The Shopping Center Group Memphis
Investment Insights
Based on property information with market context.
Retail space is available for sublease at 4862 Summer Ave in Memphis, with the premises identified as the historic Market Basket space. The property is positioned for retail concepts including a local grocer or furniture store.
Area retailers named in the surrounding commercial setting include TJ Maxx, Kroger, Aldi, Chick-fil-A, Starbucks, Chipotle, and Five Below. Lease details are available through the listing contact.
Area retailers named in the surrounding commercial setting include TJ Maxx, Kroger, Aldi, Chick-fil-A, Starbucks, Chipotle, and Five Below. Lease details are available through the listing contact.
Key Highlights
- Retail space available for sublease at 4862 Summer Ave
- Historic Market Basket space
- Located in East Memphis
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
568
Businesses Nearby
214k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Shops & Services 26%
Groceries 16%
Electronics 4%
Chick-fil-A
Dining
45,878 visits/mo
0.4 miles
Aldi
Groceries
34,578 visits/mo
0.3 miles
Bargain Hunt
Shops & Services
18,570 visits/mo
0.5 miles
McDonald's
Dining
16,734 visits/mo
0.4 miles
Bank of America
Shops & Services
14,798 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
Market
Lease Benchmarks for Memphis, TN
$14.87 /SF/Yr
Avg Asking Price
$8.33–$20.8 /SF/Yr
Price Range
10,425 SF
Avg Space Size
Vacancy Rate% for Retail in Memphis, TN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Sublease opportunity suited to grocery, furniture, and other retail users in East Memphis.
Where is this retail space located?
The property is located at 4862 Summer Ave Memphis, TN.
What are key features of this property?
This property features: Retail space available for sublease at 4862 Summer Ave; Historic Market Basket space; Located in East Memphis
