5040 Carothers Pkwy — Lease in Franklin, TN

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Franklin, TN 37067

Market Context

This retail in Franklin, TN is listed for lease. Compare it against other retail listings for lease in Franklin, TN — view the full market.

As of Q1 2026, the Nashville retail market showed rents up 4.2% year over year, and cap rates around 6.2%. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Retail market FAQ

What is the typical cap rate for retail in Nashville?
About 6.2% as of Q1 2026, per multiple brokerage reports.

Estimated Market Rate

$1.58/SF/mo – $2.37/SF/mo

Mid: $1.97/SF/mo

Contact

Explore this market

Similar Retail Business for Lease in Franklin, TN