3393 Summer Ave Memphis, TN 38122
This exceptional retail property, located at the highly trafficked intersection of Summer and National Avenues in Memphis, Tennessee's Highland Heights neighborhood, offers two available spaces totaling 33,384 square feet. The spaces individually range from 1,700 to 1,889 square feet, perfect for a variety of retail, restaurant, or salon businesses. Boasting excellent visibility thanks to large storefront windows, the property benefits from a signalized corner, ensuring ample time for drivers to notice your business. With over 26,000 vehicles passing daily (according to a 2018 TDOT report), this location guarantees high foot traffic and exposure. Convenient public transportation is readily available, with a MATA bus stop directly in front of the building, and Sam Cooper Boulevard is just a mile away, providing easy access to the entire Memphis metro area. Ample parking is provided in the recently repaved parking lot behind the building, offering over 100 spaces. The property's strategic location is further enhanced by its proximity to essential services, including a fire department across the street and the Highland Heights post office nearby. Currently undergoing a significant renovation, this property presents a unique opportunity to establish your business in a prime, high-visibility location with excellent accessibility and ample parking. The property is located in Shelby County.
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Riley Wrapz (Bike/Boat/Book/etc) Store
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Lauren and Rice Waste Management Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CMU-3 · Memphis, TNMemphis. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.