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5150 Summer Ave Memphis, TN 38122

Prime Office Space, Summer Ave Corridor

Overview

Added:
Dec 11, 2024
Days on market:
137
Cloverleaf Center presents a unique investment opportunity in a high-traffic location at the hard corner of Summer Avenue and White Station Road, boasting approximately 48,000 vehicles per day. This strategically positioned property benefits from its proximity to the Highway 240/40 interchange (approximately 239,000 VPD) and Sam Cooper Boulevard (approximately 46,000 VPD), ensuring exceptional visibility and accessibility. The center comprises 102,379 square feet of space, currently occupied by a diverse mix of complementary businesses including Sherwin Williams, Mary Carter, Tint World, and Mid-South Medical, demonstrating strong tenant demand and resilience. Four office spaces are immediately available, ranging from 1,200 to 18,785 square feet, suitable for various business types including traditional, medical, and creative office uses. The property has recently undergone significant renovations, including the installation of energy-efficient LED lighting, a fresh paint scheme, and a revitalized parking lot. Further enhancing its appeal are iconic 35-foot high pylon signs providing excellent brand visibility. Cloverleaf Center is managed by a local and responsive team dedicated to maintaining the property's high standards. Located within the thriving Summer Avenue corridor, the property benefits from a dense trade area and the active support of the Summer Avenue Merchants Association and the International District. This is a rare opportunity to acquire a well-maintained, high-visibility property in a rapidly growing area.

Highlights

  • High-visibility corner location at Summer Avenue and White Station Road (approx. 48,000 vehicles per day).
  • Excellent access to Hwy 240/40 interchange (approx. 239,000 VPD) and Sam Cooper Blvd (approx. 46,000 VPD).
  • 102,379 square feet of complementary retail tenants, including Sherwin Williams, Mary Carter Paint, Tint World, and Mid-South Medical.
  • Recently renovated with LED lighting, fresh paint, improved parking lot, and prominent 35-foot pylon signage.
  • On-site property management team.
  • Located in a thriving Summer Avenue retail corridor with strong merchant association and International District presence.

Property Details for 5150 Summer Ave

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
37,585 SF

Unit(s) available at that property

Space
729
Size
18,785 SF
Space
739
Size
1,200 SF
Space
5126
Size
5,600 SF
Space
5138
Size
12,000 SF

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.1527014
Longitude
-89.8896449

FAQs

What type of property is this?
Retail property - Prime Office Space, Summer Ave Corridor
Where is the retail property located?
The property is located at 5150 Summer Ave Memphis, TN.
What are key features of this property?
This property features: High-visibility corner location at Summer Avenue and White Station Road (approx. 48,000 vehicles per day).; Excellent access to Hwy 240/40 interchange (approx. 239,000 VPD) and Sam Cooper Blvd (approx. 46,000 VPD).; 102,379 square feet of complementary retail tenants, including Sherwin Williams, Mary Carter Paint, Tint World, and Mid-South Medical.
How can I contact the broker?
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5150 Summer Ave
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