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Commons at Cool Springs Commons at Cool Springs Dr 47,000 SF of Retail Space Available in Franklin, TN 37067
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 47,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
- Mixed-use environment
- ±47,000 SF of prime retail, dining & office space
- ±206 dedicated parking spots
- Powerhouse submarket with 40+ Corporate HQ's
- Exceptional visibility along Carothers Parkway
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 47,000 SF | Gross Leasable Area | 47,000 SF |
| Property Type | Retail | Year Built | 2027 |
| Property Subtype | Storefront Retail/Office | Construction Status | Proposed |
| Total Space Available | 47,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 47,000 SF |
| Year Built | 2027 |
| Construction Status | Proposed |
About the Property
Commons at Cool Springs is your opportunity to secure a location in the epicenter of one of the most affluent markets in the sunbelt. The Cool Springs/Franklin submarket is Nashville’s strongest suburban retail node and represents a “first look” and “must have” location for any retailer doing business in the MSA. The Cool Springs/Franklin submarket comprises over 13 million square feet of retail space anchored by Cool Springs Galleria, a 1.2 million square foot super-regional mall, and boasts a "who's who" list of top retailers. This retail concentration is supported by some of the most affluent neighborhoods in the region, 6.6 million square feet of class A office space occupied by over 40 corporate headquarters, and a healthy stock of luxury hotels. Given these submarket fundamentals, rental rates have been on a steady ascent for nearly three decades and tenant retention is incredibly strong.
Nearby Major Retailers
