Jacksonville Retail Market Report
By CREhunt Research · Data through Q1 2026 · Aggregated from , CBRE, Cushman & Wakefield
Quarterly retail market indicators for Jacksonville, aggregated by CREhunt from , CBRE, Cushman & Wakefield. As of Q1 2026, average asking rent was $10.11/SF with a 10.2% vacancy rate.
Projected current retail pricing — Jacksonville
Projected asking rent
$10.11–$10.61/SF/yr
Estimated sale value
$78–$103/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 reported data (cap rate 7.6%, asking rent trend-adjusted to today). Assumes ~90% occupancy and a 65–82% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q1 2026 | $10.11/SF | 10.2% | — | — | |
| Q1 2026 | $23.67/SF | 24.2% | 492K SF | — | CBRE |
| Q1 2026 | — | 1.7% | — | 0K SF | Cushman & Wakefield |
| Q4 2025 | — | — | — | 82K SF | Cushman & Wakefield |
Frequently asked questions
- What is the average asking rent for retail space in Jacksonville?
- As of Q1 2026, the average asking rent for retail space in Jacksonville was $10.11/SF.
- What is the retail vacancy rate in Jacksonville?
- The retail vacancy rate in Jacksonville was 10.2% as of Q1 2026.
- Where does CREhunt's Jacksonville market data come from?
- This report aggregates quarterly retail market data for Jacksonville from CBRE, Cushman & Wakefield.
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