POWERED BY DATA INTELLIGENCE - MARKET SUMMARY Nashville FOCUS ON NASHVILLE
Nashville is the 30th largest self-storage market in the U.S. with 16,294,414 net rentable square feet and 357 facilities. The market has an average facility size of 45,642 smaller than the average in the top 100 regions of 51,563.
Nashville has an average Sq. Ft / Capita of 7.7, which is higher than the average in the top 100 regions of 6.5 Sq. Ft / Capita. Currently we are tracking 27 development projects in the region which have the potential to add 8.9% in new supply.
Access detailed address level analysis and more for Nashville at:
www.radiusplus.com
2021 Square Footage Growth = 4.0% 2022 Square Footage Growth = 1.1%
7.7
Sq. Ft. / Capita Top 100 Average: 6.5
45,642
Average Facility Size (Sq.Ft.) Top 100 Average: 51,563
Market Rank by Sq. Ft. 30 TENNESSEE TN New Development Projects 27 radius
Street Rates
$0.80 $1.00 $1.20 $1.40 $1.60 $1.80 $2.00 $2.20 $2.40
National Nashville
-40% -25% -10% 5% 20% 35% 50%
Street Rate Growth National
Nashville
http://www.radiusplus.com
Average Price per Sq. Ft.
Year over Year Growth Rate
Aug-23 Jul-23
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Aug-23
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