5240 Summer Avenue

For Lease

5240 Summer Avenue, Memphis, TN 38122

You can currently find 1 retail space(s) available for lease at 5240 Summer Avenue. Designated use type for space listed here includes retail. Current retail listings at this property total 10,000 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at 5240 Summer Avenue.

Space Available For Lease 1

Contacts

Dustin Jones

Jones Aur Commercial Real Estate

Property Details

  • Property Type Retail - Street Retail
  • Property Size 10,000 SF
  • Date Updated May 11, 2026
10,000 SF Building on 1.05 Acres For Lease Directly on Summer Ave at the I-40/I-240 Interchange10,000 SF Building on 1.05 Acres For Lease Directly on Summer Ave at the I-40/I-240 Interchange
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Highlights

  • 1.05 acre lot with 50+ parking spaces
  • Area retailers include: At Home, TJ Maxx, Five Below, Restaurant Depot, ALDI, Lowe's, O'Reilly Auto Parts, Harbor Freight, Walgreens, Chick-Fil-A, Burger King, Starbucks, Wendy's, Taco Bell, and more
  • Dedicated Pylon Signage visible from Summer, I-40 and I-240 ideal for retailers seeking strong exposure along major Memphis corridors
  • Traffic Counts: I-40 (170,351 AADT), I-240 (174,669 AADT), and Summer Ave (20,824 AADT)

Attachments

Getting around

  • 46/100

    Walk Score ®

  • 24/100

    Transit Score ®

  • 26/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Memphis, TN
  • Neighborhood Raleigh
  • Zip Code 38122
  • Market Memphis

Points of Interest

  • Cleveland Street

    7.47 miles

  • Pauline

    8.11 miles

  • Dunlap

    8.30 miles

  • Orleans

    8.57 miles

  • Danny Thomas

    8.89 miles

  • North End

    9.13 miles

  • Overton

    9.17 miles

  • Third Street

    9.20 miles

  • Convention Center

    9.25 miles

  • Pyramid

    9.31 miles

  • Mobil

    0.76 miles

  • Exxon

    1.19 miles

  • BP

    2.04 miles

  • Shell

    2.29 miles

  • FLASH MARKET #163

    2.40 miles

  • Marathon

    2.43 miles

  • ChargePoint

    2.93 miles

  • Kroger

    3.09 miles

  • Walmart

    3.21 miles

  • Valero

    3.22 miles

  • BAC Parking

    2.30 miles

  • Valet Lot

    2.34 miles

  • Employee Parking

    2.37 miles

  • Outpatient Testing and Medical Plaza 3 Garage

    2.41 miles

  • Hospital Visitors and Medical Plaza 1 & 2 Garage

    2.43 miles

  • Baptist Memorial Hospital for Women Garage

    2.65 miles

  • Woodland Discovery Park Parking

    3.42 miles

  • Deloach Parking Garage

    3.75 miles

  • CBU Resident Parking

    5.62 miles

  • Central Parking lot

    5.69 miles

  • McDonald's

    0.39 miles

  • Hardee's

    1.21 miles

  • Burger King

    1.54 miles

  • Krystal

    1.56 miles

  • Wendy's

    1.57 miles

  • Waffle House

    1.58 miles

  • Cracker Barrel

    1.65 miles

  • Taco Bell

    1.66 miles

  • Central BBQ

    1.68 miles

  • Tops BarBQ

    1.68 miles

  • ALDI

    1.04 miles

  • Kroger

    1.83 miles

  • Barakat Middle Eastern Market

    2.11 miles

  • Stepherson's

    2.46 miles

  • Whole Foods Market

    2.95 miles

  • High Point Terrace Shopping Center

    2.98 miles

  • High Point Grocery

    2.98 miles

  • Sprouts Farmers Market

    2.99 miles

  • Walmart Supercenter

    3.04 miles

  • Macy's

    3.04 miles

5240 Summer Avenue Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    5240 Summer Avenue is located in Raleigh, which is home to a total of 20 listing(s). The rent for retail space at 5240 Summer Avenue is available upon request. Feel free to reach out using the contact form conveniently included on this page to find out more about what the property can offer for your business.

  • The property includes 10,000 square feet of retail space for lease. Of this total, 10,000 square feet are Retail.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in Raleigh is 32. The average household income here is $48,710 per year.

Contact Listing Broker
Dustin Jones

Jones Aur Commercial Real Estate

  1. 1Main information
  2. 2Extra information
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