Sycamore Square

Sycamore Square is a prime redevelopment opportunity in northeast Memphis, strategically positioned at Sycamore View Road and Summer Avenue, with direct access to Interstate 40. This 11.72-acre site includes a 127,634-square-foot flex/office building with a potential for two outparcel sales located at 5800 Summer Avenue and 5810 Summer Avenue, offering 909 parking spaces and strong connectivity to residential and business hubs. As the long-time tenant vacates in Q3 2026, the property is ideal for adaptive reuse, redevelopment, potential building expansion, or repositioning to meet strong market demand.

Its strategic infill location makes Sycamore Square an ideal candidate for industrial and last-mile distribution, with proximity to Ford's $5.6 billion Blue Oval City investment, attracting automotive suppliers, logistics operators, and e-commerce users. The northeast Memphis labor pool supports continued industrial and logistics growth.

The site also presents a compelling retail redevelopment opportunity, well-suited for grocery-anchored centers, neighborhood shopping, and experiential retail concepts that align with Memphis' evolving consumer trends. Additionally, self-storage redevelopment is viable, given rising rental rates, declining vacancy, and increasing urban density.

Healthcare and medical uses, such as urgent care centers, outpatient facilities, or specialty medical offices, can leverage proximity to major residential communities and transit routes for high visibility and accessibility.

With its prime location, flexible zoning, and diverse redevelopment potential, Sycamore Square is poised to capture market growth across multiple asset classes, offering a premier commercial redevelopment opportunity in Memphis.