Your email has been sent.
Summer Center 4264-4320 Summer Ave 2,162 - 4,324 SF of Retail Space Available in Memphis, TN 38122
Highlights
- Excellent visibility and access from both Summer Avenue and Waring Road
- Nearby retailers: Lowe's, Family Dollar, Harbor Freight Tools, Aldi, Dollar General, and Walgreens
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 18 | 2,162 SF | 1-10 Years | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 699 Waring Rd #15 | 2,162 SF | 1-10 Years | Upon Request Upon Request Upon Request Upon Request | Modified Gross |
4270-4320 Summer Ave - 1st Floor - Ste 18
End Cap retail space; a former Cash Advance. Call owner for rental rate.
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
4270-4320 Summer Ave - 1st Floor - Ste 699 Waring Rd #15
Inline, retail; former shoe repair store.
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
- Central Air and Heating
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at Summer Center
- Kroger
Property Facts
About the Property
- Anchors: Kroger, Ross Dress for Less, and Rainbow with cross access to T.J. Maxx and Big Lots - Excellent visibility and access from both Summer Avenue and Waring Road - Nearby retailers: Lowe's, Family Dollar, Harbor Freight Tools, Aldi, Dollar General, and Walgreens - Memphis is located within the Memphis-Forrest City MSA with a population of 1,342,914 people - The Memphis area enjoys a robust and diverse economy as a result of being well positioned on America’s largest river - Memphis is known as the distribution hub of the U.S. with the FedEx headquarters being here. They use the Memphis International Airport as their global super hub facility, making the airport the busiest cargo airport in the U.S.
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
Nearby Major Retailers
