Premier Retail & Medical Office Space in Lakeland, TN

Ashmont Mixed-Use Development: Premier Retail & Medical Office Space in Lakeland, TN

Discover Ashmont, the region’s most anticipated new mixed-use development, strategically situated at the northwest corner of Canada Road and Davies Plantation Road. Located just off Interstate 40 in the booming city of Lakeland, Tennessee, Ashmont is a master-planned community designed to integrate high-end residential living with premium commercial, retail, and medical opportunities.

This sprawling development offers a rare chance to secure a footprint in a high-growth corridor, positioned perfectly to serve the affluent Lakeland community and the surrounding Memphis MSA.

Unrivaled Location & Connectivity

Ashmont’s location offers unparalleled logistical advantages. Situated mere minutes from the I-40 interchange, the site provides effortless connectivity for commuters, patients, and shoppers alike.

• Regional Accessibility: Immediate access to I-40 and I-269, providing a direct pipeline to the greater Memphis area.

• Blue Oval City Proximity: Located only 22.7 miles from Ford’s Blue Oval City, Ashmont is perfectly positioned to capture the economic surge and housing demand generated by this historic industrial investment.

• Neighboring Retail Hubs: Close proximity to The Lake District, further solidifying this interchange as Lakeland’s premier commercial destination.

• High Traffic Volume (AADT):

  • Interstate 40: 69,585+ Vehicles Per Day

  • Canada Road: 10,431+ Vehicles Per Day

Commercial & Retail Opportunities

Ashmont features 50,000 square feet of meticulously planned commercial space, with versatile options for sale or lease across multiple sectors.

1. The Shopping Center

• Available Space: Up to 50,000 SF of prime retail space.

• Format: Modern, pedestrian-friendly design suitable for lifestyle brands, dining, and boutique services.

• Targeting: High-visibility retail that serves the on-site residents of the Ashmont single-family homes, townhomes, and multi-family units.

2. Premium Retail Outparcels

• Total Acreage: 6.11± Acres (divided into 2 parcels).

• Availability: For Sale or Ground Lease.

• Use Case: Ideal for high-traffic users, national tenants, or hospitality/hotel development.

3. Medical & Executive Office Parcels

• Total Acreage: 5.1 Acres (divided into 2 parcels).

• Availability: For Sale or Lease.

• Use Case: Perfectly suited for professional executive suites or medical office buildings (MOB) to serve the growing Lakeland population.

Master-Planned Synergy

What sets Ashmont apart is its multimodal ecosystem. Unlike standalone retail sites, Ashmont is a "live-work-play" destination. The commercial components are anchored by a robust residential population living directly within the development in single-family homes and luxury multi-family complexes.

Development Timeline: With a 3rd Quarter 2024 delivery, now is the critical window for tenants and investors to secure their position in this high-barrier-to-entry market.

Property Specifications at a Glance

• Project Name: Ashmont

• Total Building Area: 50,000 SqFt (Shopping Center)

• Total Land Area: Up to 11.21 Acres of Commercial Parcels

• Tenancy: Multi-tenant

• Property Sub-Types: Executive Office, Medical, Commercial Retail, Hospitality

• Location: Lakeland, TN (Shelby County)

Capitalize on the growth of Lakeland and the momentum of Blue Oval City. Ashmont offers the visibility, demographics, and modern infrastructure required for success in today’s competitive market.

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