Greater Los Angeles Retail Market Report
By CREhunt Research · Data through Q2 2026 · Aggregated from CBRE, Kidder Mathews
Quarterly retail market indicators for Greater Los Angeles, aggregated by CREhunt from CBRE, Kidder Mathews. As of Q2 2026, average asking rent was $35.16/SF/yr, per CBRE.
Projected current retail pricing — Greater Los Angeles
Modeled estimate (income approach) shown as a range — not an appraisal. No market-specific cap rate is published for Greater Los Angeles retail yet, so this applies the typical cap rate across comparable retail markets — treat it as a rough, indicative range that sharpens as sourced cap rates arrive. Projected asking rent × occupancy × net-operating-income margin band ÷ a benchmark cap rate, from Q2 2026 multiple brokerages asking-rent data (benchmark cap rate 6.1%–7.2%, asking rent held flat). Assumes ~94% occupancy and a 65–82% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q2 2026 CBRE | $35.16/SF/yr | — | 674K SF | — | CBRE |
| Q2 2026 Kidder Mathews | $33.12/SF/yr | 5.6% | 410K SF | 525K SF | Kidder Mathews |
Retail asking rents by submarket
The newest asking rent a named brokerage's report published for each Greater Los Angeles retail submarket, with its publisher and quarter. Submarkets whose newest figure cannot be attributed, or falls outside a plausible range, are left out.
| Submarket | Asking rent | Source |
|---|---|---|
| Antelope Valley | $1.88/SF/mo CBRE · Q2 2026 | CBRE, Q2 2026 |
| Downtown Los Angeles | $2.63/SF/mo CBRE · Q2 2026 | CBRE, Q2 2026 |
| Gateway Cities | $2.53/SF/mo CBRE · Q2 2026 | CBRE, Q2 2026 |
| Hollywood/Wilshire | $3.57/SF/mo CBRE · Q2 2026 | CBRE, Q2 2026 |
| Outlying Los Angeles | $1.00/SF/mo CBRE · Q2 2026 | CBRE, Q2 2026 |
| San Fernando Valley | $2.98/SF/mo CBRE · Q2 2026 | CBRE, Q2 2026 |
| San Gabriel Valley | $2.56/SF/mo CBRE · Q2 2026 | CBRE, Q2 2026 |
| Santa Clarita Valley | $2.40/SF/mo CBRE · Q2 2026 | CBRE, Q2 2026 |
| South Bay | $2.89/SF/mo CBRE · Q2 2026 | CBRE, Q2 2026 |
| Southeast Los Angeles | $2.22/SF/mo CBRE · Q2 2026 | CBRE, Q2 2026 |
| Tri-Cities | $3.33/SF/mo CBRE · Q2 2026 | CBRE, Q2 2026 |
| Westside | $4.25/SF/mo CBRE · Q2 2026 | CBRE, Q2 2026 |
How the brokerage sources compare
For Q2 2026, the brokerages CREhunt aggregates for Greater Los Angeles retail did not fully agree. Asking-rent estimates differ by $2.04/SF/yr — from $33.12/SF/yr to $35.16/SF/yr. CREhunt reconciles these into a single consensus median rather than relying on any one brokerage.
| Source | Vacancy | Asking rent | Cap rate |
|---|---|---|---|
| Kidder Mathews | 5.6% | $33.12/SF/yr | — |
| CBRE | — | $35.16/SF/yr | — |
Per-brokerage figures for Q2 2026, aggregated from published brokerage market reports.
Frequently asked questions
- What is the average asking rent for retail space in Greater Los Angeles?
- As of Q2 2026, the average asking rent for retail space in Greater Los Angeles was $35.16/SF/yr, per CBRE.
- What is the retail vacancy rate in Greater Los Angeles?
- Vacancy data for Greater Los Angeles retail is aggregated from brokerage reports; refer to the quarterly table for available quarters.
- Where does CREhunt's Greater Los Angeles market data come from?
- This report aggregates quarterly retail market data for Greater Los Angeles from CBRE, Kidder Mathews.
- How much do brokerage estimates differ for retail space in Greater Los Angeles?
- For Q2 2026, the brokerage sources CREhunt aggregates for Greater Los Angeles did not fully agree. Asking-rent estimates differ by $2.04/SF/yr — from $33.12/SF/yr to $35.16/SF/yr. CREhunt reconciles these into a single consensus median rather than relying on any one brokerage.