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Fully Occupied Commercial Strip Mall
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192 Washington St, Ripley, TN 38063

Prime commercial strip mall with stable income in thriving area.

Property Size12,200 SF
Price / SF$39.34
Days on Market160

Property Features for 192 Washington St

General Information

Standard status Active
Size 12,200 SF
Property subtype Mixed Use, Retail

Building Details

Units 8
Listing Agency: Lankford Realty Co
Listed By: Reese Gaines · License #373491
Source: Crexi
Added: Mar 16 Changed: Aug 8 Last Checked: Aug 21 at 8:05PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lankford Realty Co

Investment Insights

Based on property information with market context.

This commercial strip mall is located in a desirable area experiencing growth and development. The well-maintained property features 8 tenant spaces that are fully occupied. The property benefits from visibility, steady traffic, and proximity to residential and commercial developments. It offers investment potential in a market. This is an income-producing commercial asset. The property size is 12200 square feet.

Key Highlights

  • Fully Occupied: Immediate and stable income from 8 tenant spaces.
  • Prime Location: Situated in a highly desirable area.
  • Excellent Visibility & Traffic: Benefits from high visibility and steady traffic flow.

Property Analytics

Current Use

Harris Brooks A OD Physician

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Skin Care Clinic Pharmacy Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

261
Businesses Nearby
19k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 56% Shops & Services 44%
SONIC Drive In Dining
10,550 visits/mo 0.3 miles
Dollar Tree Shops & Services
5,343 visits/mo 0.2 miles
Citgo Shops & Services
1,627 visits/mo 0.2 miles
Marathon Petroleum Shops & Services
1,386 visits/mo 0.1 miles

Demographics for 38063, TN

16,033
Population
7,070
Households
2.3
Avg Household Size
40
Median Age
13%
College-Educated
84%
High-School Grad
285.2 sq mi
ZIP Area
56
Density / Sq Mi
$48,578
Median Household Income
$37,121
Median Earnings
$731
Median Rent
$137,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Prime commercial strip mall with stable income in thriving area.
Where is this strip mall located?
The property is located at 192 Washington St Ripley, TN.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: Fully Occupied: Immediate and stable income from 8 tenant spaces.; Prime Location: Situated in a highly desirable area.; Excellent Visibility & Traffic: Benefits from high visibility and steady traffic flow.
(731) 635-5511 Call to check price and availability
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