North
Nashville - TN USA - Industrial Submarket
Industrial real estate intelligence for the North submarket. 52.4M SF of inventory with 4.8% vacancy. Data sourced from various MLS platforms.
52.4MSF
Inventory
3.4MSF
Available
4.8%
Vacancy
6.2%
Availability Rate
$11.57
Asking Rent
3.9%
Rent Growth
595KSF
12mo Absorption
2.4MSF
Under Construction
Market Metrics
12mo Delivered
1.0M SF
Under Constr % of Inv
4.6%%
Sale Price/SF
$122
Cap Rate
6.5%%
12mo Sales Volume
$560,116,986
Sales Vol Growth
93.2%
Asset Value
$6,685,795,371
Net Absorption
+595K SF
Recent DC Sales in Market
| Property | Price | SF | Buyer |
|---|---|---|---|
| SFO1 | $119.3M | 26,900 | Buyer 1 Altum Digital Infrastructure | Buyer 2 Igneo Infrastructure Partners |
| 4495 Low Latency Ln | - | 200,000 | - |
| 4495 Low Latency Ln | - | 200,000 | - |
| 8425 N 114th St | $2.6M | 232,663 | |
| Santa Clara Data Center/SFO2-B | $55.0M | 128,780 | CSquare |
Available DC Space in Market
| Property | Avail SF | Rent | Owner |
|---|---|---|---|
| Four Overlook Point | 863,403 | $21.87 - 26.73 (Est.) | Woodcrest Capital LLC |
| Building D | 20,678 | $10.86 - 13.27 (Est.) | Entrada Partners |
| The Falchi Building | 272,217 | $23.00 | Savanna Real Estate Fund |
| McHenry Corporate Center IV | 42,811 | $6.00 - 12.50 | Gold Drop |
| 2149 Queens Chapel Rd NE | 15,086 | $11.00 | Ali Hassani |
Data Centre Development Potential
Moderate vacancy (4.8%) in North suggests a balanced market with selective opportunities for data centre conversion or development. Active construction pipeline of 2.4M SF indicates developer confidence in the submarket. Positive net absorption of 595K SF over the past 12 months signals healthy demand fundamentals.
Other Submarkets in Nashville - TN USA
Evaluating North for Development?
Our advisory team provides site-specific analysis including power availability, zoning, and financial modeling.
Data sourced from various MLS platforms. Industrial market data for informational purposes. Professional due diligence recommended.