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Multi-Tenant Strip Center
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2220 Hwy 641, Parsons, TN 38363

Strip center with a large warehouse, office space, and seven units in a largely occupied multi-tenant building.

Property SizeContact for details
Days on Market120

Property Features for 2220 Hwy 641

General Information

Standard status Active
Property subtype Hospitality, Mixed Use, Office, Retail
Occupancy 90%

Building Details

Tenancy Multi
Listing Agency: Compass Nashville/Gulch
Listed By: Katie Townsend · License #TN 305320
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 6:35PM

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 Compass Nashville/Gulch

Investment Insights

Based on property information with market context.

This strip center includes a large warehouse with associated office space, along with seven units within the main building. The property is currently home to multiple businesses and is described as 90% occupied, with many long-term tenants.

The center is located conveniently in the middle of Parsons & Decaturville at 2220 Hwy 641, Parsons, TN. The current owner states that numerous updates and upgrades have been made within the last year.

Prospective tenants and investors should note the combination of warehouse and office space along with multiple unit configurations inside the same property.

Key Highlights

  • Strip center with multi‑use businesses in a largely occupied multi‑tenant building.
  • Large warehouse plus office space and seven units within the main building.
  • Building is reported as 90% occupied, with mostly long‑term tenants.

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Garden Center Furniture & Home Goods (Bike/Boat/Book/etc) Store Hair Salon Cafe & Coffee Shop Nail Salon

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

Lease Details

90%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

38
Businesses Nearby

Demographics for 38363, TN

5,406
Population
2,839
Households
1.9
Avg Household Size
46
Median Age
12%
College-Educated
80%
High-School Grad
86.3 sq mi
ZIP Area
63
Density / Sq Mi
$42,955
Median Household Income
$36,102
Median Earnings
$720
Median Rent
$105,700
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - Strip center with a large warehouse, office space, and seven units in a largely occupied multi-tenant building.
Where is this strip mall located?
The property is located at 2220 Hwy 641 Parsons, TN.
What are key features of this property?
This property features: Strip center with multi‑use businesses in a largely occupied multi‑tenant building.; Large warehouse plus office space and seven units within the main building.; Building is reported as 90% occupied, with mostly long‑term tenants.
(731) 217-5306 Call to check price and availability
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