Retail Property on Summer
For Sale
Contact for pricing
6349 Summer Ave, Bartlett, TN
6,493 SF retail property available for sale.
Property Size6,493 SF
Lot Size0.55 Acres
Price / SF$121.67
Days on Market451
Property Features for 6349 Summer Ave
General Information
Standard status
Active
Size
6,493 SF
Lot size
0.55 Acres
Property subtype
RETAIL
Listing Agency:
Braden, Braden & Braden LLC
(901) 881-2070
Listed By:
Curtis Braden · License #TN-284224
(901) 301-3691
Source:
Moodyscre
Added: Jul 31, 2025
Changed: Oct 6
Last Checked: Oct 23 at 6:58AM
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 Braden, Braden & Braden LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail property offers 6,493 square feet of space and is located on Summer Avenue in Bartlett, Tennessee.
Key Highlights
- 6,493 SF retail property available for sale
- 6,493 SF
- Retail property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,768
Cap Rate
8.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,295,360
$1.3M
Cap Rate 7%
$925,257
$925.3K
Cap Rate 9%
$719,644
$719.6K
Market Conditions
NOI Build-Up for 6,493 SF
Gross rent
$97.4K $15.00/SF
− Vacancy
−$4.9K −$0.75/SF
EGI
$92.5K $14.25/SF
− OpEx
−$27.8K −$4.27/SF
NOI
$64.8K $9.98/SF
Area
Memphis, TN
Vacancy
5.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,295,360
Cap Rate 7%
$925,257
Cap Rate 9%
$719,644
Alternative Uses
Best Use
Retail
$925.3K
$809.6K – $1.08M
NOI $64,768 @ 7.0% cap · market cap 8.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.92M
$1.68M – $2.24M
NOI $134,327 @ 7.0% cap · market cap 17.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
295
Businesses Nearby
10k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 76%
Dining 24%
Shell
Shops & Services
4,935 visits/mo
0.1 miles
SUBWAY
Dining
2,377 visits/mo
0.2 miles
Cycle Gear
Shops & Services
2,158 visits/mo
0.1 miles
Maaco
Shops & Services
577 visits/mo
0.0 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail property - 6,493 SF retail property available for sale.
Where is this retail property located?
The property is located at 6349 Summer Ave Bartlett, TN.
What is the asking price?
The asking price for this property is $790,000.
What are key features of this property?
This property features: 6,493 SF retail property available for sale; 6,493 SF; Retail property
