Columbus Retail Market Report

By CREhunt Research · Data through Q1 2026 · Aggregated from Matthews, Colliers

Quarterly retail market indicators for Columbus, aggregated by CREhunt from Matthews, Colliers. As of Q1 2026, average asking rent was $20.87/SF/yr and vacancy was 3.3%, per Matthews.

Projected current retail pricing — Columbus

Projected asking rent
$20.87–$21.71/SF/yr
Estimated sale value
$158–$207/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 Matthews data (cap rate 8.3%, asking rent trend-adjusted to today). Assumes ~97% occupancy and a 65–82% net-operating-income margin.

QuarterAsking rentVacancyNet absorptionUnder constr.
Q1 2026
Matthews
$20.87/SF/yr3.3%——
Q2 2025
Colliers
—21.7%2K SF—

Frequently asked questions

What is the average asking rent for retail space in Columbus?
As of Q1 2026, the average asking rent for retail space in Columbus was $20.87/SF/yr, per Matthews.
What is the retail vacancy rate in Columbus?
The retail vacancy rate in Columbus was 3.3% as of Q1 2026 (Matthews).
Where does CREhunt's Columbus market data come from?
This report aggregates quarterly retail market data for Columbus from Matthews, Colliers.