1718 Galleria Blvd - Cool Springs — Sale in Franklin, TN

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

Description

1 AC GROUND LEASE WITH ±18,679 SF OF AVAILABLE BUILDING SPACE RARE 1 ACRE OPPORTUNITY IN HIGHLY DESIRABLE COOL SPRINGS AREA.

Market Context

This retail in Franklin, TN is listed for sale. It has been on the market for 196 days. Compare it against other retail listings for sale in Franklin, TN — view the full market.

As of Q1 2026, the Nashville retail market showed an 18.2% vacancy rate, average asking rents near $33.84/SF/yr, rents up 2.7% 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 assets trade 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.
Is the Nashville retail market tightening or softening?
Vacancy is around 18.2%, with asking rents rising year over year (Q1 2026).

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