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Despite slow construction in Nashville’s tight retail market, future opportunities for new space arise

Retail construction is at its lowest point in years
Located in downtown Franklin, Tennessee, The Margin District will feature more than 50,000 square feet of street-level retail, approximately 50,000 square feet of office space and 25 condominiums. (Zanetta Illustration)
Located in downtown Franklin, Tennessee, The Margin District will feature more than 50,000 square feet of street-level retail, approximately 50,000 square feet of office space and 25 condominiums. (Zanetta Illustration)
CoStar Analytics
August 7, 2025 | 7:19 P.M.

Robust population growth and a booming tourism industry have been driving retail demand in Nashville, Tennessee, helping make it one of the tightest markets in the country. However, despite the region's low availability rate, construction hasn't kept up with demand, making it difficult for retailers to find new, desirable space.

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