Retail Space with Pylon
New
For Lease
Contact for pricing
5150 Old Summer Road, Memphis, TN 38122
Updated center accommodates retail, service, and office users with access to I-240, I-40, and Sam Cooper Boulevard.
Space Size5,600 SF - 18,785 SF
Days on Market2
Property Features for 5150 Old Summer Road
General Information
Standard status
Active
Size
5,600 SF - 18,785 SF
Net Rentable
5,600 SF
Property subtype
Retail / Service / Office
Site & Location
Corner Location
Yes
Traffic Count
48,000 vehicles/day
Highway Access
Yes
Additional Details
Available Space
5,600-25,000 SF
Building Details
Building Size
18,000 SF
Tenancy
Multi
Spaces For Lease
at 5150 Old Summer Road Contact us- Size
- 12,000 SF
- Type
- Strip Center
- Term
- Negotiable
- Rate
- Contact for pricing
5150 Summer Avenue
- Size
- 18,785 SF
- Type
- Strip Center
- Term
- Negotiable
- Rate
- Contact for pricing
5150 Summer Avenue
- Size
- 5,600 SF
- Type
- Strip Center
- Term
- Negotiable
- Rate
- Contact for pricing
5150 Summer Avenue
- Size
- 6,000 SF
- Type
- Strip Center
- Term
- Negotiable
- Rate
- Contact for pricing
5150 Summer Avenue
Listing Agency:
Avison Young | Memphis
Listed By:
James McCraw, CCIM · License #TN #340992
(901) 590-9997
Source:
Naiglobal
Added: Sep 26
Last Checked: Sep 26 at 3:30PM
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 Avison Young | Memphis
Investment Insights
Based on property information with market context.
This retail center totals approximately 102,379 SF, with spaces ranging from 5,600 SF to 25,000 SF available for lease. Recent work includes LED lighting, a resurfaced parking area, and fresh paint. The property also has 35-foot pylon signage and tenants serving daily-needs demand.
The center has immediate access to I-240, I-40, and Sam Cooper Boulevard. Summer Avenue and White Station Road are identified as the nearby intersection, with approximately 48,000 vehicles per day reported.
The center has immediate access to I-240, I-40, and Sam Cooper Boulevard. Summer Avenue and White Station Road are identified as the nearby intersection, with approximately 48,000 vehicles per day reported.
Key Highlights
- Available suites range from 5,600 SF to 25,000 SF
- Approximately 102,379 SF center
- 35' pylon signage
Property Analytics
Current Use
Lease Details
48,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
437
Businesses Nearby
105k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 50%
Dining 17%
Home Improvements & Furnishings 17%
Electronics 7%
Bargain Hunt
Shops & Services
18,570 visits/mo
0.3 miles
McDonald's
Dining
16,734 visits/mo
0.2 miles
Dollar Tree
Shops & Services
14,371 visits/mo
0.2 miles
Exxon
Shops & Services
13,447 visits/mo
0.2 miles
Floor & Decor
Home Improvements & Furnishings
9,044 visits/mo
0.5 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
$14.34 /SF/Yr
Avg Asking Price
$8.33–$20.8 /SF/Yr
Price Range
8,752 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 - Updated center accommodates retail, service, and office users with access to I-240, I-40, and Sam Cooper Boulevard.
Where is this retail space located?
The property is located at 5150 Old Summer Road Memphis, TN.
What are key features of this property?
This property features: Available suites range from 5,600 SF to 25,000 SF; Approximately 102,379 SF center; 35' pylon signage
