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Two-and-a-Half Level Retail Building
For Lease
$7,500/Mo

123 Franklin St, Clarksville, TN 37040

Two-and-a-half level retail building with covered area, high ceilings, and two bathrooms, office, and storage.

Days on Market345

Property Features for 123 Franklin St

General Information

Standard status Active
Lease Type /mo

Building Details

Building Size 5,418 SF
Year Built 1900
Listing Agency: JPW
Listed By: Jennifer Willoughby
Source: Firstrealty
Added: Aug 20, 2025 Changed: Jul 26 Last Checked: Jul 30 at 1:14PM

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 JPW

Investment Insights

Based on property information with market context.

This downtown retail building offers 2.5 levels with a covered area and high ceilings. The space includes two bathrooms, along with storage and an office. The property was previously used as retail, and the building is described as convertible into other uses.

Located on Franklin St at Strawberry Alley, the building sits in an entertainment district. Public remarks also note an open container ordinance in the CDB district.

With its multi-level layout and existing back-of-house features such as storage and office space, the building can support a variety of operating configurations beyond its prior retail use.

Key Highlights

  • Two‑and‑a‑half level retail building built in 1900
  • Covered area with high ceilings
  • 2 bathrooms plus office and storage space

Property Analytics

Current Use

Wedding Belles Clothing & Fashion Store Chatfield Photography Photography Service

Suggested Use

Top Pick Pet Grooming Service Florist Tech Support Center Dental Office Pet Store Pet Store & Service

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,573
Businesses Nearby
14k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 65% Hotels & Casinos 29% Home Improvements & Furnishings 6%
Dollar General Shops & Services
5,209 visits/mo 0.4 miles
DoubleTree by Hilton Hotels & Casinos
4,059 visits/mo 0.1 miles
Enterprise Rent-A-Car Shops & Services
1,908 visits/mo 0.2 miles
Advance Auto Parts Shops & Services
1,451 visits/mo 0.4 miles
Sherwin-Williams Paint Store Home Improvements & Furnishings
866 visits/mo 0.2 miles

Demographics for 37040, TN

60,382
Population
24,628
Households
2.5
Avg Household Size
31
Median Age
30%
College-Educated
94%
High-School Grad
92.8 sq mi
ZIP Area
651
Density / Sq Mi
$65,331
Median Household Income
$40,621
Median Earnings
$1,177
Median Rent
$242,400
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?
Retail space - Two-and-a-half level retail building with covered area, high ceilings, and two bathrooms, office, and storage.
Where is this retail space located?
The property is located at 123 Franklin St Clarksville, TN.
What is the lease rate?
The lease rate is $7,500 /Mo.
What are key features of this property?
This property features: Two‑and‑a‑half level retail building built in 1900; Covered area with high ceilings; 2 bathrooms plus office and storage space
More about this property
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