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Nashville, TN Insightsas of Oct 2026
Population size
710 K People
Population growth
1.8%
Age distribution
0-14: 18%
15-24: 16%
25-44: 31%
45-64: 20%
65+: 15% percent
15-24: 16%
25-44: 31%
45-64: 20%
65+: 15% percent
Household size
2.13 People
Household composition
Married couples: 45%
Female-headed: 15%
Male-headed: 5%
Non-family: 35% percent
Female-headed: 15%
Male-headed: 5%
Non-family: 35% percent
Education level
High school or higher: 91%
Bachelor's or higher: 51% percent
Bachelor's or higher: 51% percent
Median household income
80,090 USD/year
Employment rate
72.5 %
Job growth
2.5 %
Dominant industries
Healthcare, Entertainment, Tourism, Manufacturing
Cost of living index
98 index (US=100)
Retail sales per capita
35,000 USD
Disposable income
49,000 USD/year
Spending behavior by category - apparel, dining, electronics
Apparel: 5%, Dining: 12%, Electronics: 4% percent of total spending
Existing retail mix
Regional malls, lifestyle centers, power centers, strip malls, big-box retailers
Number of competitors
1,200 retail outlets
Market saturation
High in core areas, moderate in suburbs
Presence of anchor tenants
Yes, Macy's, Nordstrom, Walmart in key locations
Foot traffic from nearby businesses
High, 10,000 people/day
Rent costs
27 USD/sqm/month
Property values
5,000 USD/sqm
Zoning laws
Supportive mixed-use and commercial zoning
Business permits
30 days
Availability of retail space
5 SQM
Proximity to major roads
Excellent access to I-40, I-65
Public transportation access
Good via WeGo system
Parking availability
Ample suburban, limited urban
Pedestrian traffic
10,000 people/day in key areas
Vehicle traffic
50,000 vehicles/day on major roads
Public transport accessibility
80 percent area covered
Commute times
24.7 minutes
Work patterns
40 percent remote
Shopping preferences
Experiential and local brands
Brand affinity
Strong for music and Southern lifestyle brands
Consumer loyalty
High to established chains and locals
Entertainment and leisure trends
Live music, festivals, outdoor recreation
Crime statistics
Violent: 10, Property: 40 per 1,000 people
Shoplifting rates
2 percent of sales
Public safety measures
CCTV, patrols, community programs
Tourist spending
10,000,000,000 USD/year
Tourist footfall
15,000,000 visitors/year
Major local events
CMA Music Festival, Nashville Predators games, July 4th celebrations
Seasonal attractions
Summer concerts, fall colors, winter lights
E-commerce penetration
25 %
Click-and-collect adoption
15 %
Local preference for in-store shopping
60 %
Total retail space
5,000,000 sqm
Retail space per capita
7 SQM
Projected growth in retail space
3 %
Retail leakage rate
10 %
Sustainable retail demand
Growing for green and local products
Major upcoming retail projects
Gulch District expansions, East Bank mixed-use
Grocery market share distribution - Top 3 retailers & market share
Kroger: 35%, Publix: 25%, Whole Foods: 15% percent
Consumer spending patterns
Shift towards experiences and health-focused purchases
Grocery expenditure trends
5 percent annual growth
Luxury retail performance
Strong, 8% growth percent
Top mall shopping preferences
Green Hills Mall, Opry Mills for variety
Shopping trips to other cities - % of residents
15 percent
Key drivers for mall visits
Dining, entertainment, convenience
Preferred brand categories - Luxury fashion, Value fashion, etc.
Value fashion: 40%, Luxury fashion: 20%, Mid-range: 40% percent
Number of existing malls
5 malls
Total retail footfall - annual visits across malls
20,000,000 sqm
Retail market gaps
Experiential retail, affordable luxury
Trade area population
2,000,000 people
Retail potential in catchment area
High due to population growth
Projected retail growth rate
4 %
Preferred mall layouts
Lifestyle open-air over traditional enclosed
Public transport access
WeGo buses and trolleys
Walkability score
45 out of 100
Road infrastructure & car access
Robust interstate and arterial network
Parking capacity in comparable malls
10,000 spaces
Surrounding land use & future developments
Mixed-use urban renewal projects
Retail Destinations in Nashville, TN
Browse 2 retail destinations in Nashville, TN, United States. Explore retail leasing opportunities, space availability, and market analytics on Occupi.
Nashville, TN at a Glance
- Total Properties2
- CountryUnited States
