Retail in Nashville, TN — Lease in Nashville, TN

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Nashville, TN 37232

Description

2nd Generation Restaurant Space / Stand-Alone Retail Space 6,250 SF, 2 Story, Free Standing Retail / 2nd Generation Retail Space

Market Context

This retail in Nashville, TN is listed for lease. It has been on the market for 196 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.

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