Perimeter Center
5230 Summer Ave, Memphis, TN 38122
Key features
- 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)
Rental Details
- Number of spaces 4
- Total square feet available 53,255 SF
- For Lease Price on request
- Space Type Retail
- Lease Type NNN
- Latest Update Sep 2, 2026
Reach out to the broker for more info on lease terms and amenities
True
4 Spaces Available
| Space Name | Space Type | Lease Rate | Total Space | Floor | Lease Type | |
|---|---|---|---|---|---|---|
| Pad Opportunity | Retail | Price on request | 21,780 SF | - | NNN | |
| Suite 5258 | Retail | Price on request | 20,743 SF | - | NNN | |
| Suite 5266-25 | Retail | Price on request | 3,992 SF | - | NNN | |
| Suite 5266-35 | Retail | Price on request | 6,740 SF | - | NNN |
Pad Opportunity
- Space Type
- Retail
- Lease Rate
- Price on request
- Total Space
- 21,780 SF
- Lease Type
- NNN
Suite 5258
- Space Type
- Retail
- Lease Rate
- Price on request
- Total Space
- 20,743 SF
- Lease Type
- NNN
Suite 5266-25
- Space Type
- Retail
- Lease Rate
- Price on request
- Total Space
- 3,992 SF
- Lease Type
- NNN
Suite 5266-35
- Space Type
- Retail
- Lease Rate
- Price on request
- Total Space
- 6,740 SF
- Lease Type
- NNN
Contacts
Jones Aur Commercial Real Estate
Building Details
- For Lease Price on request
- Property Type Retail - Street Retail
- Property Size 380,505 SF
- Lot Size 30.78 Acre
- Additional Rent Price on request
- Building Class C
- Year Built 1972
- Date Updated Sep 2, 2026
Location
- City Memphis, TN
- Neighborhood Raleigh
- Zip Code 38122
- Market Memphis
-
Walk score 42/100 Car-Dependent
-
Transit score 24/100 Minimal Transit
-
Bike score 42/100 Somewhat Bikeable
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
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
Listing Summary
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The Price for Retail Space at 5230 Summer Ave
The cost of renting retail space in a property highly depends on features such as its location, parking availability and type of retail space, or advantages and features that might be unique to it. For details on asking rent or information on other costs, use the contact form available on this page to reach out to the property representative.
5230 Summer Ave is located in the Raleigh neighborhood, which is home to a total of 21 retail listing(s). In the case of most businesses that need retail space, access to potential customers is critical. This can come in the form of retail space situated in high-traffic pedestrian areas, or convenient suburban locations with good public transport or plenty of parking. Reach out to the listing broker for information on best parking and other access options at or near the property.
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Retail Space Options Available at 5230 Summer Ave
The property exclusively contains Retail space totaling 53,255 square feet. The leasing opportunity here is available under NNN lease terms.
In addition to retail space type, you will also need to consider the space size that you need for your business to operate at its best. You will find 2 retail space(s) ranging from 1,000 square feet to 10,000 square feet at 5230 Summer Ave, which can serve small or medium retail businesses that are planning to accommodate growth throughout the duration of their lease at this address. The property includes 2 large retail space(s) of more than 10,000 square feet, which is typically a good choice for businesses that need lots of showroom space or the flexibility to set up specialized operations. For more information or to schedule a tour of the property, reach out using the contact form on this page to get in touch with a broker.
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Get to Know the Retail Scene in the Raleigh Neighborhood
5230 Summer Ave is located in the Raleigh neighborhood of Memphis. The Raleigh retail market offers 21 retail listing(s), representing a total of 248,454 square feet of retail space for lease.
The most common retail type in the Raleigh neighborhood is Medical Office, of which the market currently offers 1 space(s). You can also find 1 Restaurant space(s).
When looking for retail space for your company, picking the right area is essential. Some neighborhoods have a long history of being top shopping destinations in general, while others gain a reputation for strongly representing a specific type of business. In addition to knowing the reputation of your chosen business location neighborhood, it’s also important to know your customer base. For instance, the average Raleigh resident is 32 years old, and the median household income here is $48,710 per year.
Jones Aur Commercial Real Estate