Houston Retail Market Report
By CREhunt Research · Data through Q1 2026 · Aggregated from , CBRE, Colliers, , Cushman & Wakefield,
Quarterly retail market indicators for Houston, aggregated by CREhunt from , CBRE, Colliers, , Cushman & Wakefield, . As of Q1 2026, average asking rent was — with a 7.4% vacancy rate.
Projected current retail pricing — Houston
Projected asking rent
$21.28/SF/yr
Estimated sale value
$165–$208/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 multiple brokerages data (cap rate 7.7%, asking rent held flat). Assumes ~92% occupancy (vacancy not reported) and a 65–82% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q1 2026 | — | 7.4% | 3.2M SF | — | |
| Q1 2026 | — | 6.5% | -22K SF | — | CBRE |
| Q1 2026 | $20.27/SF | — | — | — | Colliers |
| Q1 2026 | $21.28/SF | 5.5% | 660K SF | — | |
| Q1 2026 | $21.28/SF | 0.2% | 569K SF | — | Cushman & Wakefield |
| Q4 2025 | — | 1.3% | 0K SF | 0K SF | Cushman & Wakefield |
| Q3 2025 | — | 4.3% | 0K SF | — | Cushman & Wakefield |
| Q2 2025 | — | 21.7% | 2K SF | — | Colliers |
| Q2 2025 | — | 5.1% | 2.2M SF | — | |
| Q2 2025 | — | 6.3% | 20K SF | — | CBRE |
| Q2 2025 | $44.51/SF | 16.7% | 0K SF | — | Cushman & Wakefield |
Frequently asked questions
- What is the average asking rent for retail space in Houston?
- CREhunt aggregates retail asking-rent data for Houston from major brokerage market reports; see the quarterly table for the latest available figures.
- What is the retail vacancy rate in Houston?
- The retail vacancy rate in Houston was 7.4% as of Q1 2026.
- Where does CREhunt's Houston market data come from?
- This report aggregates quarterly retail market data for Houston from CBRE, Colliers, Cushman & Wakefield.
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