1235 Martin Street — Lease in Nashville, TN

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Nashville, TN 37203

Description

Market Context

This retail in Nashville, TN is listed for lease. It has been on the market for 2 days. Compare it against other retail listings for lease in Nashville, TN — view the full market.

As of Q1 2026, the Nashville retail market showed an 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: multiple brokerage reports, Q1 2026.

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 multiple brokerage reports.
Is the Nashville retail market tightening or softening?
Vacancy is around 18.2%, with asking rents rising year over year (Q1 2026).

Estimated Market Rate

$4.73/SF/mo – $6.40/SF/mo

Mid: $5.57/SF/mo

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

Based on comparable properties in similar markets rather than local sales.

Explore this market

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