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Hardee's 4628 Summer Ave 2,792 SF of Retail Space Available in Memphis, TN 38122



SUBLEASE HIGHLIGHTS
- Surrounded by major retailers: Lowe’s, Kroger, Harbor Freight, Ross, TJ Maxx, Five Below, Walgreens, Chick-fil-A, Firehouse Subs, and more
- Located at a signalized intersection (Summer Ave & Stratford Rd)
- Traffic Count: 23,329 AADT on Summer Avenue
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,792 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Located in a bustling retail corridor of Memphis, the restaurant building at 4628 Summer Avenue offers a prime opportunity for food service operators seeking visibility and convenience. With nearly 2,800 SF of space, a drive-thru, and generous parking, the property is well-equipped to support high-volume operations. Its proximity to major retailers such as Lowe’s, Kroger, TJ Maxx, and Chick-fil-A, combined with a traffic count of over 23,000 vehicles per day, ensures strong exposure and customer flow. The surrounding demographics reflect a robust consumer base with over 209,000 residents and 254,000 daytime population within a 5-mile radius.
- Sublease space available from current tenant
- Fully Built-Out as a Fast Food Restaurant
- Space is an outparcel at this property
- Central Air Conditioning
- Drive Thru
- Smoke Detector
- Located at a signalized intersection
- Drive-thru included
- Ample on-site parking
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 HARDEE'S
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Hardee's
- Fast-food
- 1,939
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Hardee's | Fast-food | 1,939 | International |
PROPERTY FACTS
| Total Space Available | 2,792 SF | Gross Leasable Area | 3,564 SF |
| Property Type | Retail | Year Built | 2016 |
| Property Subtype | Fast Food | Parking Ratio | 10/1,000 SF |
| Total Space Available | 2,792 SF |
| Property Type | Retail |
| Property Subtype | Fast Food |
| Gross Leasable Area | 3,564 SF |
| Year Built | 2016 |
| Parking Ratio | 10/1,000 SF |
ABOUT THE PROPERTY
This property is a 2,792 SF freestanding restaurant building located on approximately 0.823 acres at the northwest corner of Summer Avenue and Stratford Road in Memphis, Tennessee. Positioned at a signalized intersection, the site offers high visibility and accessibility. The building includes a drive-thru and ample parking, making it suitable for a variety of restaurant or food service operations. The surrounding area is densely populated and features a strong mix of national retailers, contributing to consistent consumer traffic.
NEARBY MAJOR RETAILERS
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Hardee's | 4628 Summer Ave
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