los angeles Retail Market Report
By CREhunt Research · Data through Q2 2025 · Aggregated from JLL, Matthews, Newmark
Quarterly retail market indicators for los angeles, aggregated by CREhunt from JLL, Matthews, Newmark. As of Q2 2025, average asking rent was $36.51/SF/yr and vacancy was 5.8%, per JLL.
Projected current retail pricing — los angeles
Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q2 2025 multiple brokerages data (cap rate 5.7%, asking rent held flat). Assumes ~94% occupancy and a 65–82% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q2 2025 JLL | $36.51/SF/yr | 5.8% | -879K SF | — | JLL |
| Q2 2025 Matthews | $36.60/SF/yr | 5.9% | — | — | Matthews |
| Q1 2025 Newmark | — | 4.1% | 1.4M SF | — | Newmark |
Retail asking rents by submarket
The newest asking rent a named brokerage's report published for each los angeles retail submarket, with its publisher and quarter. Submarkets whose newest figure cannot be attributed, or falls outside a plausible range, are left out.
| Submarket | Asking rent | Source |
|---|---|---|
| Antelope Valley | $1.88/SF/mo CBRE · Q2 2026 | CBRE, Q2 2026 |
| Downtown Los Angeles | $2.63/SF/mo CBRE · Q2 2026 | CBRE, Q2 2026 |
| Gateway Cities | $2.53/SF/mo CBRE · Q2 2026 | CBRE, Q2 2026 |
| Hollywood/Wilshire | $3.57/SF/mo CBRE · Q2 2026 | CBRE, Q2 2026 |
| Outlying Los Angeles | $1.00/SF/mo CBRE · Q2 2026 | CBRE, Q2 2026 |
| San Fernando Valley | $2.98/SF/mo CBRE · Q2 2026 | CBRE, Q2 2026 |
| San Gabriel Valley | $2.56/SF/mo CBRE · Q2 2026 | CBRE, Q2 2026 |
| Santa Clarita Valley | $2.40/SF/mo CBRE · Q2 2026 | CBRE, Q2 2026 |
| South Bay | $2.89/SF/mo CBRE · Q2 2026 | CBRE, Q2 2026 |
| Southeast Los Angeles | $2.22/SF/mo CBRE · Q2 2026 | CBRE, Q2 2026 |
| Tri-Cities | $3.33/SF/mo CBRE · Q2 2026 | CBRE, Q2 2026 |
| Westside | $4.25/SF/mo CBRE · Q2 2026 | CBRE, Q2 2026 |
Frequently asked questions
- What is the average asking rent for retail space in los angeles?
- As of Q2 2025, the average asking rent for retail space in los angeles was $36.51/SF/yr, per JLL.
- What is the retail vacancy rate in los angeles?
- The retail vacancy rate in los angeles was 5.8% as of Q2 2025 (JLL).
- Where does CREhunt's los angeles market data come from?
- This report aggregates quarterly retail market data for los angeles from JLL, Matthews, Newmark.