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    4093 Summer Ave Memphis, TN 38122

    For Lease
    $17 SF/Yr

    Prime Summer Ave Retail Space Available

    Lot size:
    40,614 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional retail property, located at 4093 Summer Ave, offers 40,614 square feet of space across twelve suites in a single-story building. Currently, 1,800 square feet is available for lease, presenting a unique opportunity for expansion or new tenancy within a thriving retail center. The property boasts a diverse mix of established, long-term tenants, ensuring a stable and successful environment for new businesses. Its prime location in the heart of Summer Avenue guarantees high visibility and significant foot traffic. With over 28,587 vehicles passing daily, this location offers unparalleled exposure to potential customers. The convenient access from Sam Cooper Boulevard further enhances its accessibility and appeal. This is an ideal opportunity for businesses seeking a well-established, high-traffic location in a vibrant commercial area. The existing tenants contribute to a strong and diverse retail environment, creating a synergistic atmosphere for all businesses within the center. The available 1,800 square feet offers flexibility for a variety of retail concepts. Don't miss this chance to secure a prominent space in a highly sought-after Summer Avenue location. The property's single-story design provides easy navigation and accessibility for both customers and employees.

    Property Features for 4093 Summer Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    40,614 SF
    Total Rate
    57536.5

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Size
    1,800 SF
    Rate per SF
    $17

    HighLights

    • 40,614 square foot single‑story retail center.
    • Twelve suites totaling 40,614 square feet.
    • 1,800 square feet of vacant space available.
    • Excellent Summer Avenue location with high visibility.
    • High traffic count exceeding 28,587 vehicles per day.
    • Convenient access from Sam Cooper Boulevard.
    Property Profile Location Intelligence

    Current Use by Public Records

    OneMain Financial Loan Agency The Flores Studio Spa

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.924087569166
    Latitude
    35.149096361192

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    FAQs

    What type of property is this?
    Retail property - Prime Summer Ave Retail Space Available
    Where is this retail property located?
    The property is located at 4093 Summer Ave Memphis, TN.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: 40,614 square foot single-story retail center.; Twelve suites totaling 40,614 square feet.; 1,800 square feet of vacant space available.
    Request Owner's contact information
    4093 Summer Ave Memphis, TN 38122
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    Memphis, TN 38122
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4093 Summer Ave Memphis, TN 38122
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