End Cap Retail/Office
For Lease
Contact for pricing
4899 Summer Ave, Memphis, TN 38122
Move-in ready space at a high-traffic intersection near new developments.
Space Size1,408 SF
Property Size7,500 SF
Days on Market926
Property Features for 4899 Summer Ave
General Information
Standard status
Active
Size
1,408 SF
Total Parking Spaces
35
Property subtype
Retail
Building Details
Building Size
7,500 SF
Year Built
1969
Tenancy
Multiple
Spaces For Lease
at 4899 Summer Ave Contact us- Size
- 1,408 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
Suite 101 Summer Ave End Cap
Listing Agency:
HCI Realty LLC
Listed By:
Josh Holcombe · License #MS 21023
Source:
Crexi
Added: Feb 16, 2024
Changed: Aug 27
Last Checked: Aug 28 at 9:31PM
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 HCI Realty LLC
Investment Insights
Based on property information with market context.
This end-cap space is located at the Summer Avenue and Mendenhall Road shopping center, situated on the hard corner of Summer Avenue and Mendenhall Road at Sam Cooper Blvd. The location benefits from traffic on three major roads. The space is improved and move-in ready. The Average Annual Daily Traffic (AADT) for Summer Avenue is 25,772. The property is near new developments including Aldi, Starbucks, Chipotle, and Planet Fitness. Preferred uses for the space are office or national brand retail.
Key Highlights
- Prime end‑cap location at the intersection of Summer Ave and Mendenhall Rd.
- High traffic volume from Summer Ave, Mendenhall Rd, and Sam Cooper Blvd.
- Move‑in ready condition.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
540
Businesses Nearby
168k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 64%
Groceries 21%
Shops & Services 13%
Electronics 2%
Chick-fil-A
Dining
45,878 visits/mo
0.4 miles
Aldi
Groceries
34,578 visits/mo
0.3 miles
McDonald's
Dining
16,734 visits/mo
0.5 miles
Bank of America
Shops & Services
14,798 visits/mo
0.3 miles
Chipotle Mexican Grill
Dining
14,216 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
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
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 - Move-in ready space at a high-traffic intersection near new developments.
Where is this retail space located?
The property is located at 4899 Summer Ave Memphis, TN.
What are key features of this property?
This property features: Prime end‑cap location at the intersection of Summer Ave and Mendenhall Rd.; High traffic volume from Summer Ave, Mendenhall Rd, and Sam Cooper Blvd.; Move‑in ready condition.
