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Retail Space in Affluent Market
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Carothers Pkwy & E McEwen Dr Franklin TN 37067 USA, Franklin, TN 37067

Prime retail location in Cool Springs/Franklin submarket.

Property Size47,000 SF
Days on Market251

Property Features for Carothers Pkwy & E McEwen Dr Franklin TN 37067 USA

General Information

Standard status Active
Size 47,000 SF
Property subtype Retail
Listing Agency: CBRE | Nashville
Listed By: Nick Goss
Source: Cbre
Added: Nov 22, 2025 Changed: Jul 6 Last Checked: Jul 30 at 3:54AM

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 CBRE | Nashville

Investment Insights

Based on property information with market context.

Commons at Cool Springs presents an opportunity to secure a location in the center of an affluent market. The Cool Springs/Franklin submarket is a strong suburban retail area and a key location for retailers in the MSA. This submarket includes over 13 million square feet of retail space, anchored by Cool Springs Galleria, a 1.2 million square foot super-regional mall, and features a variety of retailers. The retail concentration is supported by affluent neighborhoods, 6.6 million square feet of class A office space occupied by over 40 corporate headquarters, and a selection of hotels. Rental rates have been steadily increasing for nearly three decades, and tenant retention is strong.

Key Highlights

  • Location in the epicenter of the affluent Cool Springs/Franklin submarket.
  • Nashville’s strongest suburban retail node.
  • Proximity to Cool Springs Galleria, a 1.2 million square foot super‑regional mall.

Property Analytics

Current Use

Shopping centers

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

31
Businesses Nearby
Well-served
Demand for This Use

Demographics for 37067, TN

31,465
Population
14,087
Households
2.2
Avg Household Size
38
Median Age
67%
College-Educated
97%
High-School Grad
32.5 sq mi
ZIP Area
968
Density / Sq Mi
$110,202
Median Household Income
$63,824
Median Earnings
$1,860
Median Rent
$686,200
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
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Frequently Asked Questions

What type of property is this?
Shopping center - Prime retail location in Cool Springs/Franklin submarket.
Where is this shopping center located?
The property is located at Carothers Pkwy & E McEwen Dr Franklin TN 37067 USA Franklin, TN.
What are key features of this property?
This property features: Location in the epicenter of the affluent Cool Springs/Franklin submarket.; Nashville’s strongest suburban retail node.; Proximity to Cool Springs Galleria, a 1.2 million square foot super‑regional mall.
More about this property
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