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 the highest rent for shopping center space.
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)
Characteristic
Asking rent in U.S. dollars per square foot
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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 July 27, 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 July 27, 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: July 27, 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 July 27, 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/