Palm Beach Retail Market Report
By CREhunt Research · Data through Q1 2025 · Aggregated from Cushman & Wakefield,
Quarterly retail market indicators for Palm Beach, aggregated by CREhunt from Cushman & Wakefield, . As of Q1 2025, average asking rent was $26.16/SF with a 4.4% vacancy rate.
Projected current retail pricing — Palm Beach
Projected asking rent
$26.16/SF/yr
Estimated sale value
$232–$292/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 2025 multiple brokerages data (cap rate 6.8%, asking rent held flat). Assumes ~92% occupancy (vacancy not reported) and a 65–82% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q1 2025 | $26.16/SF | 4.4% | 39K SF | — | Cushman & Wakefield |
| Q1 2025 | — | 5.0% | 275K SF | — |
Frequently asked questions
- What is the average asking rent for retail space in Palm Beach?
- As of Q1 2025, the average asking rent for retail space in Palm Beach was $26.16/SF, per Cushman & Wakefield.
- What is the retail vacancy rate in Palm Beach?
- The retail vacancy rate in Palm Beach was 4.4% as of Q1 2025 (Cushman & Wakefield).
- Where does CREhunt's Palm Beach market data come from?
- This report aggregates quarterly retail market data for Palm Beach from Cushman & Wakefield.
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