Portland Retail Market Report
By CREhunt Research · Data through Q1 2026 · Aggregated from , CBRE, Colliers
Quarterly retail market indicators for Portland, aggregated by CREhunt from , CBRE, Colliers. As of Q1 2026, average asking rent was $45.00/SF with a 10.0% vacancy rate.
Projected current retail pricing — Portland
Projected asking rent
$45.00–$48.47/SF/yr
Estimated sale value
$413–$561/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 6.4%, 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 | $45.00/SF | 10.0% | — | — | |
| Q1 2026 | $45.00/SF | — | — | — | CBRE |
| Q1 2026 | — | 10.0% | 5.0M SF | — | Colliers |
Frequently asked questions
- What is the average asking rent for retail space in Portland?
- As of Q1 2026, the average asking rent for retail space in Portland was $45.00/SF.
- What is the retail vacancy rate in Portland?
- The retail vacancy rate in Portland was 10.0% as of Q1 2026.
- Where does CREhunt's Portland market data come from?
- This report aggregates quarterly retail market data for Portland from CBRE, Colliers.
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