Nashville Office Market Report
By CREhunt Research · Data through Q2 2026 · Aggregated from Cushman & Wakefield, ,
Quarterly office market indicators for Nashville, aggregated by CREhunt from Cushman & Wakefield, , . As of Q2 2026, average asking rent was — with a 0.5% vacancy rate.
Projected current office pricing — Nashville
Projected asking rent
$44.51–$48.19/SF/yr
Estimated sale value
$262–$369/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 Cushman & Wakefield data (cap rate 8.4%, asking rent trend-adjusted to today). Assumes ~98% occupancy and a 50–65% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q2 2026 | — | 0.5% | 2K SF | — | Cushman & Wakefield |
| Q1 2026 | $44.51/SF | 1.6% | 0K SF | — | Cushman & Wakefield |
| Q3 2025 | — | — | 0K SF | — | Cushman & Wakefield |
| Q1 2025 | $30.79/SF | 19.8% | 58K SF | — | |
| Q1 2025 | $33.99/SF | 17.0% | 563K SF | 0K SF | Cushman & Wakefield |
| Q4 2020 | — | — | 2K SF | — | Cushman & Wakefield |
| Q4 2020 | $78.11/SF | 9.8% | 1.6M SF | — |
Frequently asked questions
- What is the average asking rent for office space in Nashville?
- CREhunt aggregates office asking-rent data for Nashville from major brokerage market reports; see the quarterly table for the latest available figures.
- What is the office vacancy rate in Nashville?
- The office vacancy rate in Nashville was 0.5% as of Q2 2026 (Cushman & Wakefield).
- Where does CREhunt's Nashville market data come from?
- This report aggregates quarterly office market data for Nashville from Cushman & Wakefield.
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