Commercial Real Estate Market in Hendersonville, TN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
67 active listings and 815 off-market properties in Hendersonville, TN. Commercial property asks $357/SF to buy and $23.27/SF/Yr to lease.
Market Trends
Hendersonville, TN spans 59.0 square miles in Sumner County, Tennessee. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Hendersonville, TN runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Hendersonville, TN runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Hendersonville, TN runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Hendersonville, TN runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Civic 91.6%
- Commercial 4.7%
- Industrial 3.1%
- Residential 0.6%
Largest Zones share of zoned land by district
Suburban Residential
Suburban Residential
Estate Residential
General Commercial
Mixed Residential
Suburban Residential (SR-1)
The Suburban Residential Low-Density District (SR-1) coincides with the “Suburban Living” character areas in Chapter 3 of the Hendersonville Land Use and Transportation Plan and is intended to accommodate primarily low density detached residential development along with complimentary institutional uses that would not be detrimental to the residential charact…
Market overview
Demographics & Economy
Hendersonville, TN has 71,023 residents in 29,600 households. Density runs 1,203 people per square mile. Median household income here is $97,597 and median gross rent $1,552 a month.
71,023
Population
29,600
Households
2.4
Avg Household Size
39
Median Age
42%
College-Educated
95%
High-School Grad
59 sq mi
ZIP Area
1,203
Density / Sq Mi
$97,597
Median Household Income
$50,323
Median Earnings
$1,552
Median Rent
$403,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Old Hickory | — | — |
| Goodlettsville | — | — |
| Madison | — | $19.62 |
| Hermitage | — | — |
Commercial property in Hendersonville, TN asks $357/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Hendersonville?
Commercial property in Hendersonville, TN asks an average of $357 per square foot. The 8 most recent recorded sales traded at a median of $267/SF, so asking sits 34% above the achieved median.
How much does it cost to lease commercial space in Hendersonville?
Asking lease rates in Hendersonville, TN average $23.27 per square foot per year.
Where does Realmo's Hendersonville market data come from?
Realmo compiles Hendersonville, TN figures from 8 recent recorded sales, 50 active sale listings, 17 active lease listings, 815 tracked off-market properties, the current Hendersonville zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 50 active for-sale and 17 active for-lease listings in Hendersonville, TN. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 19,979 zoned acres across 14 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
