380,505 SF Retail
For Sale
Contact for pricing
5230 Summer Ave, Memphis, TN 38122
Retail center with strong co-tenancy and highway visibility.
Property Size380,505 SF
Days on Market167
Property Features for 5230 Summer Ave
General Information
Standard status
Active
Size
380,505 SF
Class
C
Property subtype
Retail
Building Details
Building Size
380,505 SF
Year Built
1972
Properties For Sale
at 5230 Summer Ave Contact us- Term
- Negotiable
Pad Opportunity
- Size
- 20,743 SF
- Term
- Negotiable
Suite 5258
- Size
- 3,992 SF
- Term
- Negotiable
Suite 5266-25
Listing Agency:
Jones Aur Commercial Real Estate | Memphis
(901) 212-0457
Listed By:
Jonathan Aur
(901) 212-0457
Source:
Jonesaur
Added: Mar 6
Changed: Aug 8
Last Checked: Aug 20 at 6:04AM
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 380,505 square foot retail center, Perimeter Center, features strong co-tenancy and highway visibility. It is located at the interchange of I-240 and I-40, facing Summer Avenue. The property offers ample parking with more than 500 spaces. 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, and Big Lots. Traffic counts are Summer Avenue (21,290 AADT), I-240 (183,276 AADT), and I-40 (138,370). Current tenants include At Home, Floor and Decor, and Royal Furniture.
Key Highlights
- Excellent highway visibility at the I‑240 and I‑40 interchange.
- Strong co‑tenancy with major retailers like At Home, Floor and Decor, and Royal Furniture.
- High traffic counts on Summer Avenue (21,290 AADT), I‑240 (183,276 AADT), and I‑40 (138,370 AADT).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
408
Businesses Nearby
148k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 43%
Home Improvements & Furnishings 29%
Dining 12%
Groceries 7%
At Home
Home Improvements & Furnishings
21,974 visits/mo
0.2 miles
Bargain Hunt
Shops & Services
18,570 visits/mo
0.3 miles
McDonald's
Dining
16,734 visits/mo
0.4 miles
Dollar Tree
Shops & Services
14,371 visits/mo
0.4 miles
Exxon
Shops & Services
13,447 visits/mo
0.3 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Retail center with strong co-tenancy and highway visibility.
Where is this shopping center located?
The property is located at 5230 Summer Ave Memphis, TN.
What are key features of this property?
This property features: Excellent highway visibility at the I‑240 and I‑40 interchange.; Strong co‑tenancy with major retailers like At Home, Floor and Decor, and Royal Furniture.; High traffic counts on Summer Avenue (21,290 AADT), I‑240 (183,276 AADT), and I‑40 (138,370 AADT).
