The average asking rent for retail real estate in the United States increased steadily in the last decade. In the first quarter of 2023, the average square footage asking rent reached 22.95 U.S. dollars. Nevertheless, rents varied greatly in different regions in the U.S. The Western region of the country had
Average monthly asking rent of retail space in the United States from 2nd quarter 2013 to 1st quarter 2023 (in U.S. dollars per square foot)
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$199 USD / Month *
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you Retail real estate market in the United States
Overview
8
- Premium Statistic Commercial real estate investment value in the U.S. 2019-2023, by property type
- Premium Statistic Share of commercial property investments in the U.S. 2020-2023, by asset class
- Premium Statistic Change in commercial property investment volumes U.S. 2020-2023, by asset class
- Premium Statistic Total return REITs in the U.S. 2018-2023, by property type
- Premium Statistic Total retail sales in the United States 1992-2023
- Premium Statistic Grocery store sales in the U.S. 1992-2023
- Premium Statistic United States: number of stores of the leading retailers 2022
- Premium Statistic United States: top 100 retailers 2022, by U.S. retail sales
Inventory and construction
6
- Premium Statistic Commercial development prospects in the U.S. 2017-2024
- Premium Statistic Volume of shopping center property in the U.S. 2024, by region
- Premium Statistic United States: retail square feet in 2022, by type
- Premium Statistic Shopping center property construction in the U.S. Q1 2022-Q1 2023, by region
- Premium Statistic Retail real estate under construction in the U.S. 2021-2022, by type
- Premium Statistic Retail shopping facility construction costs in the U.S. 2022, by city
Investment market
8
- Premium Statistic Commercial property investment prospects in the U.S. 2017-2024
- Premium Statistic Recommendations to buy, hold or sell retail real estate in the U.S. in 2024, by type
- Premium Statistic Recommendations to buy, hold, or sell a retail property in the U.S. 2024, by city
- Premium Statistic Retail real estate repeat sales index in the U.S. 1996-2023
- Premium Statistic Retail real estate repeat sales index in the U.S. 2000-2023, by region
- Premium Statistic Retail property investment volumes in major metropolitan areas in the U.S. 2023
- Premium Statistic Cap rate of retail property in the U.S. Q1 2022, by segment
- Premium Statistic Market cap of leading retail REITs in the U.S. 2019-2023
Leasing market
8
- Premium Statistic Average rent of retail real estate in the U.S. 2022, by property type
- Premium Statistic Monthly asking rent of retail real estate in the U.S. 2013-2023
- Premium Statistic Average rent of shopping centers in the U.S. 2020-2024, by region
- Premium Statistic Retail property leasing activity distribution in the U.S. Q1 2024, by type
- Premium Statistic Quarterly shopping center net absorption in the U.S. 2019-2024, per quarter
- Premium Statistic Shopping center property net absorption in the U.S. 2021-2024, by region
- Premium Statistic Shopping center property net absorption in the U.S. Q1 2024, by market
- Premium Statistic Retail real estate vacancy rates in the U.S. 2021-2022, by type
Further Content: You might find this interesting as well
Statista. (June 5, 2023). Average monthly asking rent of retail space in the United States from 2nd quarter 2013 to 1st quarter 2023 (in U.S. dollars per square foot) [Graph]. In Statista. Retrieved April 28, 2024, from https://www.statista.com/statistics/1270865/retail-space-rent-usa/
Statista. "Average monthly asking rent of retail space in the United States from 2nd quarter 2013 to 1st quarter 2023 (in U.S. dollars per square foot)." Chart. June 5, 2023. Statista. Accessed April 28, 2024. https://www.statista.com/statistics/1270865/retail-space-rent-usa/
Statista. (2023). Average monthly asking rent of retail space in the United States from 2nd quarter 2013 to 1st quarter 2023 (in U.S. dollars per square foot). Statista. Statista Inc.. Accessed: April 28, 2024. https://www.statista.com/statistics/1270865/retail-space-rent-usa/
Statista. "Average Monthly Asking Rent of Retail Space in The United States from 2nd Quarter 2013 to 1st Quarter 2023 (in U.S. Dollars per Square Foot)." Statista, Statista Inc., 5 Jun 2023, https://www.statista.com/statistics/1270865/retail-space-rent-usa/
Statista, Average monthly asking rent of retail space in the United States from 2nd quarter 2013 to 1st quarter 2023 (in U.S. dollars per square foot) Statista, https://www.statista.com/statistics/1270865/retail-space-rent-usa/ (last visited April 28, 2024)
Average monthly asking rent of retail space in the United States from 2nd quarter 2013 to 1st quarter 2023 (in U.S. dollars per square foot) [Graph], Statista, June 5, 2023. [Online]. Available: https://www.statista.com/statistics/1270865/retail-space-rent-usa/