pittsburgh Retail Market Report
By CREhunt Research · Data through Q4 2025 · Aggregated from Colliers
Quarterly retail market indicators for pittsburgh, aggregated by CREhunt from Colliers. As of Q4 2025, average asking rent was $14.79/SF/yr and vacancy was 5.1%, per Colliers.
Projected current retail pricing — pittsburgh
Modeled estimate (income approach) shown as a range — not an appraisal. No market-specific cap rate is published for pittsburgh 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 Q4 2025 Colliers asking-rent data (benchmark cap rate 6.1%–7.2%, asking rent held flat). Assumes ~95% occupancy and a 65–82% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q4 2025 Colliers | $14.79/SF/yr | 5.1% | -34K SF | — | Colliers |
| Q3 2023 Colliers | $14.36/SF/yr | 4.9% | 226K SF | — | Colliers |
| Q1 2022 Colliers | $13.62/SF/yr | 4.7% | 107K SF | — | Colliers |
Frequently asked questions
- What is the average asking rent for retail space in pittsburgh?
- As of Q4 2025, the average asking rent for retail space in pittsburgh was $14.79/SF/yr, per Colliers.
- What is the retail vacancy rate in pittsburgh?
- The retail vacancy rate in pittsburgh was 5.1% as of Q4 2025 (Colliers).
- Where does CREhunt's pittsburgh market data come from?
- This report aggregates quarterly retail market data for pittsburgh from Colliers.