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Retail Space
For Lease
$14.40 SF/Yr

6343 Summer Ave, Memphis, TN 38134

Retail premises available for lease in Memphis, Tennessee.

Space Size1,500 SF
Days on Market17

Property Features for 6343 Summer Ave

General Information

Standard status Active
Size 1,500 SF
Net Rentable 1,500 SF
Property subtype Retail - Street Retail

Space & Availability

Available Space 1,500 SF
Contiguous Space 1,500 SF
Space Use Retail

Building Details

Building Size 1,500 SF

Spaces For Lease

at 6343 Summer Ave Contact us

101 $14.40/SF/Yr

Size
1,500 SF
Type
Street Retail
Lease Type
Modified Gross
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: NAI Saig Company
Listed By: Brian Califf · License ##299669
Source: Commercialcafe
Added: Aug 15 Changed: Aug 30 Last Checked: Aug 30 at 1:29PM

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 NAI Saig Company

Investment Insights

Based on property information with market context.

This retail property offers 1,500 square feet of commercial space at 6343 Summer Ave. The premises are available for lease and are situated in Memphis, Tennessee, within ZIP code 38134.

Key Highlights

  • 1,500 SF of retail space
  • Located at 6343 Summer Ave
  • Memphis, TN 38134

Property Analytics

Current Use

Cycle Gear Motorcycle Shop Jireh Libreria Cristiana (Bike/Boat/Book/etc) Store Autoplan Auto Insurance Insurance Agency The CHIC Standard Salon Hair Salon Ringmaster Rubbing Oil Alternative Medicine Practice

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Pharmacy Restaurant Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.16 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

231
Businesses Nearby
10k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 76% Dining 24%
Shell Shops & Services
4,935 visits/mo 0.2 miles
SUBWAY Dining
2,377 visits/mo 0.3 miles
Cycle Gear Shops & Services
2,158 visits/mo 0.1 miles
Maaco Shops & Services
577 visits/mo 0.2 miles

Demographics for 38134, TN

41,760
Population
15,685
Households
2.7
Avg Household Size
35
Median Age
21%
College-Educated
86%
High-School Grad
18.6 sq mi
ZIP Area
2,245
Density / Sq Mi
$61,172
Median Household Income
$39,185
Median Earnings
$1,147
Median Rent
$184,400
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

This space is priced 3% below the average of $14.87 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail premises available for lease in Memphis, Tennessee.
Where is this retail space located?
The property is located at 6343 Summer Ave Memphis, TN.
What is the lease rate?
The lease rate is $14.40 SF/Yr.
What are key features of this property?
This property features: 1,500 SF of retail space; Located at 6343 Summer Ave; Memphis, TN 38134
More about this property
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