Nashville Industrial Market Report
By CREhunt Research · Data through Q1 2026 · Aggregated from CBRE, Cushman & Wakefield, Colliers,
Quarterly industrial market indicators for Nashville, aggregated by CREhunt from CBRE, Cushman & Wakefield, Colliers, . As of Q1 2026, average asking rent was $7.01/SF with a 3.5% vacancy rate.
Projected current industrial pricing — Nashville
Projected asking rent
$7.01/SF/yr
Estimated sale value
$78–$95/SF
Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 multiple brokerages data (cap rate 6.3%, asking rent held flat). Assumes ~97% occupancy and a 72–88% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q1 2026 | $7.01/SF | 3.5% | — | — | CBRE |
| Q1 2026 | $5.05/SF | 3.2% | 2K SF | — | Cushman & Wakefield |
| Q1 2026 | $7.01/SF | 3.5% | 4.8M SF | — | Colliers |
| Q4 2025 | — | 1.6% | 2K SF | 0K SF | Cushman & Wakefield |
| Q3 2025 | — | — | 0K SF | 0K SF | Cushman & Wakefield |
| Q2 2025 | — | — | 0K SF | 0K SF | Cushman & Wakefield |
| Q1 2025 | $10.50/SF | 1.1% | — | — | Cushman & Wakefield |
| Q1 2025 | — | 8.5% | 0K SF | — | Colliers |
| Q1 2025 | $9.31/SF | 4.8% | 0K SF | — | |
| Q4 2020 | — | — | 0K SF | — | Cushman & Wakefield |
| Q3 2020 | — | — | 0K SF | — | Cushman & Wakefield |
| Q2 2020 | — | — | 0K SF | — | Cushman & Wakefield |
| Q3 2019 | — | 4.5% | — | — | Colliers |
Frequently asked questions
- What is the average asking rent for industrial space in Nashville?
- As of Q1 2026, the average asking rent for industrial space in Nashville was $7.01/SF, per CBRE.
- What is the industrial vacancy rate in Nashville?
- The industrial vacancy rate in Nashville was 3.5% as of Q1 2026 (CBRE).
- Where does CREhunt's Nashville market data come from?
- This report aggregates quarterly industrial market data for Nashville from CBRE, Cushman & Wakefield, Colliers.
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