Portland Retail Market Report
By CREhunt Research · Data through Q2 2026 · Aggregated from CBRE, Kidder Mathews, Colliers
Quarterly retail market indicators for Portland, aggregated by CREhunt from CBRE, Kidder Mathews, Colliers. As of Q2 2026, average asking rent was $23.78/SF/yr, per CBRE.
Projected current retail pricing — Portland
Modeled estimate (income approach) shown as a range — not an appraisal. No market-specific cap rate is published for Portland 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 Q2 2026 multiple brokerages 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 |
|---|---|---|---|---|---|
| Q2 2026 CBRE | $23.78/SF/yr | — | 3K SF | — | CBRE |
| Q2 2026 Kidder Mathews | — | 4.7% | 46K SF | 515K SF | Kidder Mathews |
| Q1 2026 CBRE | — | — | — | — | CBRE |
| Q1 2026 Colliers | — | 10.0% | 5.0M SF | — | Colliers |
Frequently asked questions
- What is the average asking rent for retail space in Portland?
- As of Q2 2026, the average asking rent for retail space in Portland was $23.78/SF/yr, per CBRE.
- What is the retail vacancy rate in Portland?
- Vacancy data for Portland retail is aggregated from brokerage reports; refer to the quarterly table for available quarters.
- Where does CREhunt's Portland market data come from?
- This report aggregates quarterly retail market data for Portland from CBRE, Kidder Mathews, Colliers.