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Tesla to Open Largest Nashville-Area Store

by Index Investing News
February 13, 2023
in Property
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Image by Chuttersnap via Unsplash

TriOut Advisory Group has announced that a Tesla Motors Flagship Store will open at its 57,447-square-foot property in Franklin, Tenn. Expected to be launched in mid-2023, Tesla’s new full-service store will be one of the largest in the country.

The facility will feature a vehicle showroom, a service center, as well as superchargers. Tesla’s new store will be close to other dealerships, including Mercedes-Benz, Volkswagen, Nissan, Toyota, Hyundai and Infiniti.

The current ownership purchased the property in 2019, for $9.4 million, CommercialEdge data shows. Located at 300 Shingle Way in the Cool Springs area, the one-story, Class B property was built in 2006 and features 159 parking spots. Situated on a 7-acre lot, the building is parallel to Interstate 65 and close to Cool Springs Galleria, 7 miles from Brentwood, Tenn., 16.7 miles from downtown Nashville, Tenn., and within 19 miles of Nashville International Airport.

Tesla’s lease takes place as the electric vehicle manufacturer announced plans for another industrial building adjacent to its 4.3 million-square-foot Giga Texas manufacturing facility earlier in 2022, followed by its headquarters relocation to Austin in 2021.



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