raleigh durham Retail Market Report

By CREhunt Research · Data through Q2 2025 · Aggregated from JLL

Quarterly retail market indicators for raleigh durham, aggregated by CREhunt from JLL. As of Q2 2025, average asking rent was $26.85/SF/yr and vacancy was 2.3%, per JLL.

Projected current retail pricing — raleigh durham

Projected asking rent
$26.85/SF/yr
Estimated sale value
$237–$354/SF

Modeled estimate (income approach) shown as a range — not an appraisal. No market-specific cap rate is published for raleigh durham 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 2025 JLL asking-rent data (benchmark cap rate 6.1%–7.2%, asking rent held flat). Assumes ~98% occupancy and a 65–82% net-operating-income margin.

QuarterAsking rentVacancyNet absorptionUnder constr.
Q2 2025
JLL
$26.85/SF/yr2.3%345K SF—

Frequently asked questions

What is the average asking rent for retail space in raleigh durham?
As of Q2 2025, the average asking rent for retail space in raleigh durham was $26.85/SF/yr, per JLL.
What is the retail vacancy rate in raleigh durham?
The retail vacancy rate in raleigh durham was 2.3% as of Q2 2025 (JLL).
Where does CREhunt's raleigh durham market data come from?
This report aggregates quarterly retail market data for raleigh durham from JLL.