The average monthly asking rent per square foot of shopping center real estate in the United States increased between 2020 and 2024. This trend was observed in all regions, with the West seeing the highest rents at 29 U.S. dollars per square foot as of the first quarter of 2024. Until 2027, rental growth in the retail sector is forecast to remain positive.
Average monthly asking rent for shopping center space in the retail real estate market in the United States from 2020 to 2024, by region
(in U.S. dollars per square foot)
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Cushman & Wakefield. (April 12, 2024). Average monthly asking rent for shopping center space in the retail real estate market in the United States from 2020 to 2024, by region (in U.S. dollars per square foot) [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/1200208/asking-rent-shopping-center-real-estate-united-states/
Cushman & Wakefield. "Average monthly asking rent for shopping center space in the retail real estate market in the United States from 2020 to 2024, by region (in U.S. dollars per square foot)." Chart. April 12, 2024. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/1200208/asking-rent-shopping-center-real-estate-united-states/
Cushman & Wakefield. (2024). Average monthly asking rent for shopping center space in the retail real estate market in the United States from 2020 to 2024, by region (in U.S. dollars per square foot). Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/1200208/asking-rent-shopping-center-real-estate-united-states/
Cushman & Wakefield. "Average Monthly Asking Rent for Shopping Center Space in The Retail Real Estate Market in The United States from 2020 to 2024, by Region (in U.S. Dollars per Square Foot)." Statista, Statista Inc., 12 Apr 2024, https://www.statista.com/statistics/1200208/asking-rent-shopping-center-real-estate-united-states/
Cushman & Wakefield, Average monthly asking rent for shopping center space in the retail real estate market in the United States from 2020 to 2024, by region (in U.S. dollars per square foot) Statista, https://www.statista.com/statistics/1200208/asking-rent-shopping-center-real-estate-united-states/ (last visited December 19, 2024)
Average monthly asking rent for shopping center space in the retail real estate market in the United States from 2020 to 2024, by region (in U.S. dollars per square foot) [Graph], Cushman & Wakefield, April 12, 2024. [Online]. Available: https://www.statista.com/statistics/1200208/asking-rent-shopping-center-real-estate-united-states/
