Cincinnati Retail Market Report
By CREhunt Research · Data through Q1 2026 · Aggregated from Cushman & Wakefield, Colliers
Quarterly retail market indicators for Cincinnati, aggregated by CREhunt from Cushman & Wakefield, Colliers. As of Q1 2026, average asking rent was $12.86/SF/yr and vacancy was 7.0%, per Cushman & Wakefield.
Projected current retail pricing — Cincinnati
Modeled estimate (income approach) shown as a range — not an appraisal. No market-specific cap rate is published for Cincinnati retail yet, so this applies the typical cap rate across comparable retail markets — treat it as a rough, indicative range that sharpens as sourced cap rates arrive. Projected asking rent × occupancy × net-operating-income margin band ÷ a benchmark cap rate, from Q1 2026 Cushman & Wakefield asking-rent data (benchmark cap rate 6.1%–7.2%, asking rent trend-adjusted to today). Assumes ~93% occupancy and a 65–82% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q1 2026 Cushman & Wakefield | $12.86/SF/yr | 7.0% | -206K SF | — | Cushman & Wakefield |
| Q1 2026 Colliers | $34.12/SF/yr | 4.1% | -746K SF | — | Colliers |
| Q3 2025 Cushman & Wakefield | $11.92/SF/yr | 6.4% | — | — | Cushman & Wakefield |
| Q1 2025 Cushman & Wakefield | $12.27/SF/yr | 6.0% | — | — | Cushman & Wakefield |
| Q3 2020 Colliers | — | 15.5% | 43K SF | — | Colliers |
| Q2 2018 Colliers | — | 16.8% | 78 SF | — | Colliers |
How the brokerage sources compare
For Q1 2026, the brokerages CREhunt aggregates for Cincinnati retail did not fully agree. On vacancy, the sources span 2.9 points — from 4.1% (Colliers) to 7.0% (Cushman & Wakefield). CREhunt reconciles these into a single consensus median rather than relying on any one brokerage.
| Source | Vacancy | Asking rent | Cap rate |
|---|---|---|---|
| Colliers | 4.1% | $34.12/SF/yr | — |
| Cushman & Wakefield | 7.0% | $12.86/SF/yr | — |
Per-brokerage figures for Q1 2026, aggregated from published brokerage market reports.
Frequently asked questions
- What is the average asking rent for retail space in Cincinnati?
- As of Q1 2026, the average asking rent for retail space in Cincinnati was $12.86/SF/yr, per Cushman & Wakefield.
- What is the retail vacancy rate in Cincinnati?
- The retail vacancy rate in Cincinnati was 7.0% as of Q1 2026 (Cushman & Wakefield).
- Where does CREhunt's Cincinnati market data come from?
- This report aggregates quarterly retail market data for Cincinnati from Cushman & Wakefield, Colliers.
- How much do brokerage estimates differ for retail space in Cincinnati?
- For Q1 2026, the brokerage sources CREhunt aggregates for Cincinnati did not fully agree. On vacancy, the sources span 2.9 points — from 4.1% (Colliers) to 7.0% (Cushman & Wakefield). CREhunt reconciles these into a single consensus median rather than relying on any one brokerage.