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.
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Regional Accessibility: Immediate access to I-40 and I-269, providing a direct pipeline to the greater Memphis area.
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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.
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Neighboring Retail Hubs: Close proximity to The Lake District, further solidifying this interchange as Lakeland’s premier commercial destination.
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High Traffic Volume (AADT):
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Interstate 40: 69,585+ Vehicles Per Day
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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
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Available Space: Up to 50,000 SF of prime retail space.
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Format: Modern, pedestrian-friendly design suitable for lifestyle brands, dining, and boutique services.
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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
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Total Acreage: 6.11± Acres (divided into 2 parcels).
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Availability: For Sale or Ground Lease.
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Use Case: Ideal for high-traffic users, national tenants, or hospitality/hotel development.
3. Medical & Executive Office Parcels
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Total Acreage: 5.1 Acres (divided into 2 parcels).
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Availability: For Sale or Lease.
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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
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Project Name: Ashmont
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Total Building Area: 50,000 SqFt (Shopping Center)
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Total Land Area: Up to 11.21 Acres of Commercial Parcels
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Tenancy: Multi-tenant
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Property Sub-Types: Executive Office, Medical, Commercial Retail, Hospitality
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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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