San Antonio Retail Market Report
By CREhunt Research · Data through Q1 2026 · Aggregated from ,
Quarterly retail market indicators for San Antonio, aggregated by CREhunt from , . As of Q1 2026, average asking rent was $29.27/SF with a 10.8% vacancy rate.
Projected current retail pricing — San Antonio
Projected asking rent
$30.81–$30.90/SF/yr
Estimated sale value
$263–$333/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 multiple brokerages data (cap rate 7.0%, asking rent trend-adjusted to today). Assumes ~92% occupancy (vacancy not reported) and a 65–82% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q1 2026 | $29.27/SF | 10.8% | 876K SF | — | |
| Q1 2026 | $32.36/SF | 5.0% | 0K SF | — | |
| Q4 2025 | $32.36/SF | 5.0% | 0K SF | — |
Frequently asked questions
- What is the average asking rent for retail space in San Antonio?
- As of Q1 2026, the average asking rent for retail space in San Antonio was $29.27/SF.
- What is the retail vacancy rate in San Antonio?
- The retail vacancy rate in San Antonio was 10.8% as of Q1 2026.
- Where does CREhunt's San Antonio market data come from?
- This report aggregates quarterly retail market data for San Antonio from major commercial brokerages.
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