Gaylon Lawrence Jr. Of Franklin Square Investment Holdings LLC Acquires Retail Property In Franklin For $14.75M
228 Public Square & 230 Public Square
$14,750,000
Building Size
—
Asset Type
Retail
Closing
Oct 27, 2026
About this deal
AI
A 0.29-acre commercial property located at 228 and 230 Public Square in downtown Franklin, Tennessee was sold for $14.75 million. The property functions as a retail space housing a Volunteer Bank branch, which has been leased by Franklin Square Investment Holdings LLC since January 2024, prior to their purchase of the asset.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $14,750,000
- Buyer: Gaylon Lawrence Jr. - Franklin Square Investment Holdings LLC
- Seller: Gordon Inman
Gaylon Lawrence Jr. is the representative of Franklin Square Investment Holdings LLC, while Gordon Inman conducted the sale of the property. This transaction reflects a strategic acquisition, consolidating Lawrence's interests in the Franklin market.
On the Map
$14,750,000
Retail
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Players
Squire Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.08%
Cash-on-Cash
-0.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93