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Cloverleaf Shopping Center 5144 Old Summer Ave 1,200 - 37,585 SF of Retail Space Available in Memphis, TN 38122
SPACE AVAILABILITY (4)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 5126 | 5,600 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 5138 | 12,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 729 | 18,785 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 739 | 1,200 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
5128-5150 Old Summer Rd - 1st Floor - Ste 5126
Prime retail space at the Cloverleaf Center Excellent visibility and access from both major roads Recent upgrades: LED lighting, new paint, resurfaced lot, and iconic 35’ pylon signs Locally managed with pride of ownership Thriving Summer Avenue corridor — dense trade area, active Merchants Association, and designated International District
5128-5150 Old Summer Rd - 1st Floor - Ste 5138
Prime retail space at the Cloverleaf Center Excellent visibility and access from both major roads Recent upgrades: LED lighting, new paint, resurfaced lot, and iconic 35’ pylon signs Locally managed with pride of ownership Thriving Summer Avenue corridor — dense trade area, active Merchants Association, and designated International District
5128-5150 Old Summer Rd - 1st Floor - Ste 729
Prime retail space at the Cloverleaf Center. Excellent visibility and access from both major roads Recent upgrades: LED lighting, new paint, resurfaced lot, and iconic 35’ pylon signs Locally managed with pride of ownership Thriving Summer Avenue corridor — dense trade area, active Merchants Association, and designated International District
5128-5150 Old Summer Rd - 1st Floor - Ste 739
Prime retail space at the Cloverleaf Center Excellent visibility and access from both major roads Recent upgrades: LED lighting, new paint, resurfaced lot, and iconic 35’ pylon signs Locally managed with pride of ownership Thriving Summer Avenue corridor — dense trade area, active Merchants Association, and designated International District
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 CLOVERLEAF SHOPPING CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Closeout Market
- -
- 1
- -
- Cloverleaf Animal Clinic
- Pet Shop/Supplies
- 1
- Local
- Mary Carter's Cake Decorating
- -
- 1
- -
- Sherwin-Williams
- Paint/Wallpaper
- 5,811
- International
- Tequila Town
- Restaurant
- 1
- Local
- Tint World
- Automotive
- 155
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Closeout Market | - | 1 | - |
| Cloverleaf Animal Clinic | Pet Shop/Supplies | 1 | Local |
| Mary Carter's Cake Decorating | - | 1 | - |
| Sherwin-Williams | Paint/Wallpaper | 5,811 | International |
| Tequila Town | Restaurant | 1 | Local |
| Tint World | Automotive | 155 | National |
PROPERTY FACTS
| Total Space Available | 37,585 SF | Frontage | White Station Rd |
| Center Type | Neighborhood Center | Gross Leasable Area | 103,073 SF |
| Parking | 570 Spaces | Total Land Area | 28.80 AC |
| Stores | 20 | Year Built | 1962 |
| Center Properties | 7 | Cross Streets | White Station |
| Total Space Available | 37,585 SF |
| Center Type | Neighborhood Center |
| Parking | 570 Spaces |
| Stores | 20 |
| Center Properties | 7 |
| Frontage | White Station Rd |
| Gross Leasable Area | 103,073 SF |
| Total Land Area | 28.80 AC |
| Year Built | 1962 |
| Cross Streets | White Station |
FEATURES AND AMENITIES
- Restaurant
- Signage
NEARBY MAJOR RETAILERS
