Retail Business for Lease in Murfreesboro, TN

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Murfreesboro, TN 37127

Description

Retail | For Sublease: 1,241 SF ±1,241 SF available for sublease adjacent to future Chase Bank located within new construction South Boro retail center on S Church Street in Murfreesboro Key Facts Features Neighboring tenants include: First Watch, Chipotle, CAVA, Panera, and Playabowls South Boro has ±440 feet of frontage along S Church Street (55,688 VPD) Population of over 102,000 within 5 miles of the site Neighboring tenants include: First Watch, Chipotle, CAVA, Panera, and Playabowls South Boro has ±440 feet of frontage along S Church Street (55,688 VPD) Population of over 102,000 within 5 miles of the site

Market Context

This retail in Murfreesboro, TN is listed for lease. It has been on the market for 128 days. Compare it against other retail listings for lease in Murfreesboro, TN — <a href="/search/lease/retail/tennessee/murfreesboro">view the full market</a>.

As of Q1 2026, the Nashville retail market showed a 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: Consensus Q1 2026 market report.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Retail market FAQ

What is the typical cap rate for retail in Nashville?
About 6.2% as of Q1 2026, per Consensus.
Is the Nashville retail market tightening or softening?
Vacancy is around 18.2%, with asking rents rising year over year (Q1 2026).

Unified Estimate

Very Low Confidence

$4.73/SF/mo – $6.40/SF/mo

Mid: $5.57/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market tucson (similarity: 100%) with 16 comparable listings.

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