Canada Rd, Lakeland, Tennessee 38002
Ashmont: Premier 6.11± Acre Retail Development Opportunity is a retail for sale in Lakeland, Tennessee. Key details: lot size 6,110 acres, property status Normal Sale, building status Existing. Listed by Shawn Massey CCIM, CRRP, ALC of TSCG - The Shopping Center Group on LoopingCloud and last updated April 23, 2026.
Located at the high-traffic northwest corner of Canada Road and Davies Plantation Road, Ashmont offers an exceptional opportunity for retailers, restaurateurs, and commercial developers. Situated just off Interstate 40, these two retail parcels represent the commercial heart of a sophisticated master-planned community in Lakeland, TN, designed to capture the attention of both local residents and regional commuters.
As part of a sprawling mixed-use ecosystem, these retail parcels benefit from a "built-in" customer base and a strategic location within a high-growth corridor.
Strategic Retail Footprint: Two prime parcels totaling 6.11± acres are available for Sale or Lease, providing the flexibility needed for big-box retail, specialized boutiques, or signature dining establishments.
Master-Planned Synergy: The Ashmont development integrates single-family homes, townhomes, and multi-family residences with medical, office, and hospitality sectors. This diverse mix ensures consistent foot traffic throughout the day and evening.
Q3 2024 Delivery: With construction and site development moving quickly, these parcels are scheduled for a 3rd Quarter 2024 delivery, allowing brands to establish their presence and open for business in a rapidly expanding market.
Hospitality Potential: Given the proximity to the interstate and the mixed-use nature of the site, these parcels are also ideal for hospitality or service-based ventures.
The value of Ashmont is anchored by its incredible connectivity to the region’s major economic drivers.
The Blue Oval City Factor: Located just 22.7 miles from Blue Oval City, this site is perfectly positioned to serve the thousands of employees and families relocating to West Tennessee for Ford’s massive electric vehicle manufacturing campus.
Interstate Gateway: Immediate access to Interstate 40 and Interstate 269 makes this a convenient stop for regional travelers and a central destination for residents of Lakeland, Arlington, and East Memphis.
Lifestyle Neighbors: The development is in close proximity to The Lake District, further solidifying this corner as the premier destination for shopping and dining in the area.
Maximize your brand’s visibility with some of the highest traffic counts in the region. The constant flow of vehicles ensures that your business remains a prominent landmark for tens of thousands of potential customers daily:
Interstate 40: 69,585 VPD (Annual Average Daily Traffic)
Canada Road: 10,431 VPD
Property Type: Retail / Commercial Land
Total Acreage: 6.11± Acres (Available in 2 Parcels)
Status: Vacant / New Development
Transaction Options: For Sale or Lease
Location: Lakeland, TN (Canada Rd & Davies Plantation Rd)
This 6.11-acre retail component at Ashmont is more than just a plot of land; it is a gateway to the flourishing Lakeland economy. Whether you are looking to develop a new retail center or secure a high-profile location for a national brand, Ashmont provides the demographics, visibility, and infrastructure to ensure long-term profitability.
Key highlights
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | - | - | - | - | - |
Address as shown by the lister.
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The property is in Canada Rd, Lakeland, Tennessee 38002, Fayette County.
This is a retail for sale in the commercial category.
The lot is 6,110 acres.
The lister indicates: Third Party Financing.
Shawn Massey CCIM, CRRP, ALC of TSCG - The Shopping Center Group listed this property. Use the Request Info button to send a message or call (910) 461-7070.
It was published on April 23, 2026 and last updated on April 23, 2026.
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