Perimeter Center

For Lease

5230 Summer Ave, Memphis, TN 38122

You can currently find 3 retail space(s) available for lease at Perimeter Center. Designated use type for space listed here includes retail. Current retail listings at this property total 46,515 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at Perimeter Center.

Space Available For Lease 3

Contacts

broker
Jonathan Aur

Jones Aur Commercial Real Estate

Property Details

  • Property Type Retail - Street Retail
  • Property Size 380,505 SF
  • Lot Size 30.78 Acre
  • Building Class C
  • Year Built 1972
  • Date Updated Mar 13, 2025
380,505 SF Retail Center with Strong Co-Tenancy and Highway Visibility380,505 SF Retail Center with Strong Co-Tenancy and Highway Visibility
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Highlights

  • Join At Home, Floor and Decor, and Royal Furniture at Perimeter Center
  • Located at the I-240 and I-40 interchange facing Summer Avenue
  • Ample parking with more than 500 spaces
  • Area Retailers Include: TJ Maxx, Kroger, ALDI, Chick-fil-A, Starbucks, Chipotle, Dollar General, Subway, McDonald's, Walgreens, Taco Bell, AutoZone, Family Dollar, Pizza Hut, O'Reilly Auto Parts, Wendy's, Ross, Five Below, Papa John's, Big Lots, and many more
  • Traffic Counts: Summer Avenue (21,290 AADT), I-240 (183,276 AADT), and I-40 (138,370)

Getting around

  • 42/100

    Walk Score ®

  • 24/100

    Transit Score ®

  • 42/100

    Bike Score ®

Powered by Walk Score ®

Location

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

Points of Interest

  • Cleveland Street

    7.44 miles

  • Pauline

    8.07 miles

  • Dunlap

    8.26 miles

  • Orleans

    8.54 miles

  • Danny Thomas

    8.85 miles

  • North End

    9.08 miles

  • Overton

    9.12 miles

  • Third Street

    9.16 miles

  • Convention Center

    9.20 miles

  • Pyramid

    9.26 miles

  • Mobil

    0.74 miles

  • Exxon

    1.11 miles

  • BP

    1.98 miles

  • Shell

    2.26 miles

  • FLASH MARKET #163

    2.37 miles

  • Marathon

    2.53 miles

  • ChargePoint

    3.01 miles

  • Valero

    3.13 miles

  • Kroger

    3.17 miles

  • Walmart

    3.21 miles

  • BAC Parking

    2.40 miles

  • Valet Lot

    2.44 miles

  • Employee Parking

    2.47 miles

  • Outpatient Testing and Medical Plaza 3 Garage

    2.51 miles

  • Hospital Visitors and Medical Plaza 1 & 2 Garage

    2.53 miles

  • Baptist Memorial Hospital for Women Garage

    2.75 miles

  • Woodland Discovery Park Parking

    3.49 miles

  • Deloach Parking Garage

    3.77 miles

  • CBU Resident Parking

    5.61 miles

  • Central Parking lot

    5.67 miles

  • McDonald's

    0.44 miles

  • Hardee's

    1.20 miles

  • Burger King

    1.52 miles

  • Krystal

    1.54 miles

  • Wendy's

    1.56 miles

  • Waffle House

    1.58 miles

  • Taco Bell

    1.63 miles

  • Central BBQ

    1.66 miles

  • Cracker Barrel

    1.66 miles

  • Howard's Donuts

    1.67 miles

  • ALDI

    1.03 miles

  • Kroger

    1.80 miles

  • Barakat Middle Eastern Market

    2.05 miles

  • Stepherson's

    2.39 miles

  • High Point Terrace Shopping Center

    2.95 miles

  • High Point Grocery

    2.95 miles

  • Whole Foods Market

    3.03 miles

  • Walmart Supercenter

    3.04 miles

  • Sprouts Farmers Market

    3.06 miles

  • Macy's

    3.10 miles

5230 Summer Ave 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.

    5230 Summer Ave is located in Raleigh, which is home to a total of 15 listing(s). The rent for retail space at 5230 Summer Ave 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 46,515 square feet of retail space for lease. Of this total, 46,515 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 31. The average household income here is $45,456 per year.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Jonathan Aur

Jones Aur Commercial Real Estate

  1. 1Main information
  2. 2Extra information
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