greenville Retail Market Report
By CREhunt Research · Data through Q3 2025 · Aggregated from Lee & Associates
Quarterly retail market indicators for greenville, aggregated by CREhunt from Lee & Associates. As of Q3 2025, average asking rent was $15.46/SF/yr and vacancy was 3.7%, per Lee & Associates.
Projected current retail pricing — greenville
Projected asking rent
$15.46/SF/yr
Estimated sale value
$144–$182/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 Q3 2025 Lee & Associates data (cap rate 6.7%, asking rent held flat). Assumes ~96% occupancy and a 65–82% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q3 2025 Lee & Associates | $15.46/SF/yr | 3.7% | -410K SF | — | Lee & Associates |
Frequently asked questions
- What is the average asking rent for retail space in greenville?
- As of Q3 2025, the average asking rent for retail space in greenville was $15.46/SF/yr, per Lee & Associates.
- What is the retail vacancy rate in greenville?
- The retail vacancy rate in greenville was 3.7% as of Q3 2025 (Lee & Associates).
- Where does CREhunt's greenville market data come from?
- This report aggregates quarterly retail market data for greenville from Lee & Associates.
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