Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1319 Murfreesboro Rd Franklin, TN 37064

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space for lease in a high-traffic Franklin corridor.

    Property size:
    2,461 SF
    Lot size:
    0.94 Acres

    Property Features for 1319 Murfreesboro Rd

    General Information

    Size
    2,461 SF
    Lot size
    0.94 Acres

    We can help!

    Listing Contact
    Nathan Roberto
    Nathan Roberto
    Source: Moodyscre

    Listing Agency: Matthews Real Estate Investment Services - Corporate Listing Agent: Nathan Roberto

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Retail Space in Franklin, TN

    Located approximately 20 miles south of downtown Nashville, in Franklin, TN, this retail space benefits from its location within a desirable and supply-constrained submarket. The property is part of the Nashville Metropolitan Statistical Area, which has a population exceeding 2 million. Situated in a dense retail corridor, the property is surrounded by national tenants, including Publix, The Home Depot, Lowe’s, Kroger, McDonald’s, Chick-fil-A, and Wendy’s. The Nashville area is experiencing economic development, including the $1.2 billion Oracle global headquarters, expansions by Amazon and AllianceBernstein, and the planned $2.1 billion Tennessee Titans Stadium. The property is supported by a consumer base with an average household income of $172,821 and a population of over 103,199 residents within a five-mile radius. The property offers 2461 square feet of retail space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    KFC Restaurant

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Williamson
    State
    Tennessee
    Longitude
    -86.8260537
    Latitude
    35.9151185

    Nearby Similar for Lease

    • Contact for pricing

      Cool Springs III

      Discover many ways to work your way in Cool Springs III
      725 Cool Springs Blvd, Franklin, TN 37067
      View Details
    • Sponsored
      Contact for pricing

      Meridian Cool Springs

      Flexible workspace in Minnesota Center
      2550 Meridian Blvd, Franklin, TN 37067
      View Details
    • Contact for pricing

      Spaces Mallory

      Discover many ways to work your way in AZ, Tempe - Hayden Ferry Lake
      3401 Mallory Ln, Franklin, TN 37067
      View Details
    • Contact for pricing

      TN, Franklin - Hospitality Dr

      Discover many ways to work your way in San Antonio Airport
      6200 Hospitality Dr, Franklin, TN 37067
      View Details
    • $2,500 /Mo

      Move-In Ready Cool Springs Office

      Office space in Cool Springs area with ample parking.
      106 Mission Ct, Franklin, TN 37067
      View Details
    • Contact for pricing
      16,470 SF

      Class A Office Building

      Class A office building with modern design and superior connectivity.
      3401 Mallory Ln, Franklin, TN 37067
      View Details
    • Contact for pricing

      Manufacturing Building Near I-65

      65,000 SF manufacturing building for lease near I-65.
      147 Seaboard Ln, Franklin, TN 37067
      View Details
    • Contact for pricing

      Office and Flex Space Available

      4,063 SF office and flex space for lease.
      320 Premier Ct S, Franklin, TN 37067
      View Details
    • Contact for pricing

      Retail Outparcel in Cool Springs

      Located in a super-regional mixed-use trade area near major retailers.
      300 Spring Creek Dr, Franklin, TN 37067
      View Details
    • Contact for pricing

      Retail Space in Harpeth Village

      Retail opportunity in established Fieldstone Farms community.
      2020 Fieldstone Pkwy, Franklin, TN 37069
      View Details
    • Contact for pricing

      Restaurant Space with Patio Available

      End-cap restaurant space with patio in neighborhood retail center.
      330 Mayfield Dr, Franklin, TN 37067
      View Details
    • Contact for pricing

      Renovated Office Space For Rent

      Office space with ample parking and outdoor storage opportunities.
      114 Confederate Dr, Franklin, TN 37064
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space for lease in a high-traffic Franklin corridor.
    Where is this retail space located?
    The property is located at 1319 Murfreesboro Rd Franklin, TN.
    What are key features of this property?
    This property features: - Located in Franklin, TN, a highly desirable and supply-constrained submarket of Nashville.; - Part of the Nashville MSA, benefiting from a robust economy, in-migration, and expanding employment.; - High average household income of $172,821 and a population of over ±103,199 within a five-mile radius.
    (925) 858-6965 Call to check price and availability
    Request Owner's contact information
    1319 Murfreesboro Rd Franklin, TN 37064
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1319 Murfreesboro Rd
    Franklin, TN 37064
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1319 Murfreesboro Rd Franklin, TN 37064
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Nathan Roberto
    Nathan Roberto
    (925) 858-6965 (866) 889-0550 (214) 295-8753
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!