oakland Retail Market Report
By CREhunt Research · Data through Q3 2025 · Aggregated from Lee & Associates, Kidder Mathews, JLL, Cushman & Wakefield
Quarterly retail market indicators for oakland, aggregated by CREhunt from Lee & Associates, Kidder Mathews, JLL, Cushman & Wakefield. As of Q3 2025, average asking rent was $32.70/SF/yr and vacancy was 5.7%, per Lee & Associates.
Projected current retail pricing — oakland
Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q3 2025 Kidder Mathews data (cap rate 6.0%, asking rent held flat). Assumes ~94% occupancy and a 65–82% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q3 2025 Lee & Associates | $32.70/SF/yr | 5.7% | 191K SF | — | Lee & Associates |
| Q3 2025 Kidder Mathews | $29.04/SF/yr | 5.6% | -11K SF | — | Kidder Mathews |
| Q2 2025 JLL | $32.18/SF/yr | 5.7% | -129K SF | — | JLL |
| Q4 2024 Cushman & Wakefield | $29.13/SF/yr | 7.0% | 13K SF | — | Cushman & Wakefield |
| Q3 2021 Cushman & Wakefield | $29.21/SF/yr | 6.9% | 13K SF | — | Cushman & Wakefield |
Retail asking rents by submarket
The newest asking rent a named brokerage's report published for each oakland 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 |
|---|---|---|
| 580 Corridor | $40.87/SF/yr Cushman & Wakefield · Q4 2024 | Cushman & Wakefield, Q4 2024 |
Frequently asked questions
- What is the average asking rent for retail space in oakland?
- As of Q3 2025, the average asking rent for retail space in oakland was $32.70/SF/yr, per Lee & Associates.
- What is the retail vacancy rate in oakland?
- The retail vacancy rate in oakland was 5.7% as of Q3 2025 (Lee & Associates).
- Where does CREhunt's oakland market data come from?
- This report aggregates quarterly retail market data for oakland from Lee & Associates, Kidder Mathews, JLL, Cushman & Wakefield.