united states Retail Market Report

By CREhunt Research · Data through Q1 2026 · Aggregated from JLL

Quarterly retail market indicators for united states, aggregated by CREhunt from JLL. As of Q1 2026, average asking rent was $25.88/SF/yr and vacancy was 4.4%, per JLL.

Projected current retail pricing — united states

Projected asking rent
$25.88–$26.27/SF/yr
Estimated sale value
$223–$339/SF

Modeled estimate (income approach) shown as a range — not an appraisal. No market-specific cap rate is published for united states retail yet, so this applies the typical cap rate across comparable retail markets — treat it as a rough, indicative range that sharpens as sourced cap rates arrive. Projected asking rent × occupancy × net-operating-income margin band ÷ a benchmark cap rate, from Q1 2026 JLL asking-rent data (benchmark cap rate 6.1%–7.2%, asking rent trend-adjusted to today). Assumes ~96% occupancy and a 65–82% net-operating-income margin.

QuarterAsking rentVacancyNet absorptionUnder constr.
Q1 2026
JLL
$25.88/SF/yr4.4%-4.4M SF—

Frequently asked questions

What is the average asking rent for retail space in united states?
As of Q1 2026, the average asking rent for retail space in united states was $25.88/SF/yr, per JLL.
What is the retail vacancy rate in united states?
The retail vacancy rate in united states was 4.4% as of Q1 2026 (JLL).
Where does CREhunt's united states market data come from?
This report aggregates quarterly retail market data for united states from JLL.