Perimeter Center

5230 Summer Ave, Memphis, TN 38122

Property Information

  • For Lease Contact for pricing
  • Property Type Retail - Street Retail
  • Property Size 380,505 SF
  • Lot Size 30.78 Acre
  • Building Class C
  • Year Built 1972
  • Date Updated May 13, 2026

Description

380,505 SF Retail Center with Strong Co-Tenancy and Highway Visibility380,505 SF Retail Center with Strong Co-Tenancy and Highway Visibility

Highlights

  • 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
  • Join At Home, Floor and Decor, and Royal Furniture at Perimeter Center
  • Located at the I-240 and I-40 interchange facing Summer Avenue
  • Traffic Counts: Summer Avenue (21,290 AADT), I-240 (183,276 AADT), and I-40 (138,370)

3 Spaces Available

Pad Opportunity

Space Type

Retail

Lease Rate

Contact for pricing

Total Space

21,780 SF

Divisible Space

0.5 - 0.5 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Suite 5258

Space Type

Retail

Lease Rate

Contact for pricing

Total Space

20,743 SF

Divisible Space

20,743 - 20,743 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Suite 5266-25

Space Type

Retail

Lease Rate

Contact for pricing

Total Space

3,992 SF

Divisible Space

3,992 - 3,992 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Contacts

Jonathan Aur

Jones Aur Commercial Real Estate

Location

Located at 5230 Summer Ave, Memphis, TN 38122, this property is part of the Raleigh neighborhood and Memphis market.

Contact Listing Broker
Jonathan Aur

Jones Aur Commercial Real Estate

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