Austin Retail Market Report
By CREhunt Research · Data through Q1 2026 · Aggregated from Cushman & Wakefield, Partners Real Estate, Matthews, CBRE
Quarterly retail market indicators for Austin, aggregated by CREhunt from Cushman & Wakefield, Partners Real Estate, Matthews, CBRE. As of Q1 2026, average asking rent was $24.00/SF/yr and vacancy was 3.7%, per Cushman & Wakefield.
Projected current retail pricing — Austin
Projected asking rent
$24.00–$24.95/SF/yr
Estimated sale value
$235–$308/SF
Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 Cushman & Wakefield data (cap rate 6.4%, asking rent trend-adjusted to today). Assumes ~96% occupancy and a 65–82% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q1 2026 Cushman & Wakefield | $24.00/SF/yr | 3.7% | 6.1M SF | — | Cushman & Wakefield |
| Q4 2025 Partners Real Estate | $26.57/SF/yr | 3.4% | 340K SF | — | Partners Real Estate |
| Q3 2025 Partners Real Estate | $25.96/SF/yr | 3.3% | 417K SF | — | Partners Real Estate |
| Q2 2025 Matthews | $30.59/SF/yr | 3.1% | 306K SF | — | Matthews |
| Q3 2024 CBRE | $27.57/SF/yr | 3.7% | -330K SF | — | CBRE |
Frequently asked questions
- What is the average asking rent for retail space in Austin?
- As of Q1 2026, the average asking rent for retail space in Austin was $24.00/SF/yr, per Cushman & Wakefield.
- What is the retail vacancy rate in Austin?
- The retail vacancy rate in Austin was 3.7% as of Q1 2026 (Cushman & Wakefield).
- Where does CREhunt's Austin market data come from?
- This report aggregates quarterly retail market data for Austin from Cushman & Wakefield, Partners Real Estate, Matthews, CBRE.
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