Nashville retail market report

Q3 2025

Nashville’s above average economic and population growth, thriving tourism sector and rising millennial and Gen Z population are driving the city’s flourishing retail sector, which remains one of the most dynamic and resilient within the Southeast. Nashville’s retail market is expected to remain strong with supply remaining tight and above-average rent growth. The shift towards experiential and service-based retail is anticipated to continue, with e-commerce resistant tenants still dominating leasing activity.

1.5 msf

YTD leasing activity

Competition for prime locations has intensified in the market. Deliveries have not kept pace with sustained demand, with YTD leasing activity reaching 1.5 msf.

$356 psf

Retail investment sales psf pricing

Investor confidence in the retail sector has driven YTD investment sales to $360M, with asset pricing reaching a near record high of $356 psf

5.2%

YOY retail rent growth

Nashville continues to see strong population growth and tight retail vacancy, allowing rent growth to see consistent annual increases.

Your source for the latest Nashville retail real estate reports

Stay on top of current trends affecting the retail real estate sector in Nashville. Gain an overall better understanding of Nashville's retail real estate market conditions, so you can better formulate strategies to overcome any obstacle and know how to best invest in retail real estate in Nashville.

Here, you’ll always find the latest retail real estate market news so you can stay ahead. Come back often to see expert insights on the current and future of Nashville retail real estate market.

Get the latest Nashville industrial market reports right in your inbox