The average monthly asking rent per square foot of shopping center real estate in the leading markets in Texas increased between 2020 and 2024. Although this trend was observed in all four major markets, Austin recorded the highest rent in 2024, at 30.5 U.S. dollars per square foot. This was higher than both the national average and the average for the South region.
Average monthly asking rent for shopping center space in the retail real estate market in selected cities in Texas, United States from 3rd quarter 2019 to 1st quarter 2024
(in U.S. dollars per square foot)
Characteristic
Austin
Dallas-Ft. Worth
Houston
El Paso
San Antonio
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Cushman & Wakefield. (April 12, 2024). Average monthly asking rent for shopping center space in the retail real estate market in selected cities in Texas, United States from 3rd quarter 2019 to 1st quarter 2024 (in U.S. dollars per square foot) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1307017/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 selected cities in Texas, United States from 3rd quarter 2019 to 1st quarter 2024 (in U.S. dollars per square foot)." Chart. April 12, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1307017/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 selected cities in Texas, United States from 3rd quarter 2019 to 1st quarter 2024 (in U.S. dollars per square foot). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1307017/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 Selected Cities in Texas, United States from 3rd Quarter 2019 to 1st Quarter 2024 (in U.S. Dollars per Square Foot)." Statista, Statista Inc., 12 Apr 2024, https://www.statista.com/statistics/1307017/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 selected cities in Texas, United States from 3rd quarter 2019 to 1st quarter 2024 (in U.S. dollars per square foot) Statista, https://www.statista.com/statistics/1307017/asking-rent-shopping-center-real-estate-united-states/ (last visited July 22, 2024)
Average monthly asking rent for shopping center space in the retail real estate market in selected cities in Texas, United States from 3rd quarter 2019 to 1st quarter 2024 (in U.S. dollars per square foot) [Graph], Cushman & Wakefield, April 12, 2024. [Online]. Available: https://www.statista.com/statistics/1307017/asking-rent-shopping-center-real-estate-united-states/