Silicon Valley Retail Market Report
By CREhunt Research · Data through Q2 2026 · Aggregated from Cushman & Wakefield, , , , CBRE
Quarterly retail market indicators for Silicon Valley, aggregated by CREhunt from Cushman & Wakefield, , , , CBRE. As of Q2 2026, average asking rent was $181.00/SF.
Projected current retail pricing — Silicon Valley
Projected asking rent
$181.00/SF/yr
Estimated sale value
$2,012–$2,538/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 Q2 2026 Cushman & Wakefield data (cap rate 5.4%, asking rent held flat). Assumes ~92% occupancy (vacancy not reported) and a 65–82% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q2 2026 | $181.00/SF | — | 2K SF | — | Cushman & Wakefield |
| Q1 2026 | $20.72/SF | 4.8% | — | — | |
| Q1 2026 | $37.32/SF | 3.8% | 116K SF | — | |
| Q1 2026 | $20.68/SF | 4.9% | 151K SF | 0K SF | Cushman & Wakefield |
| Q1 2026 | $20.76/SF | 4.6% | 159K SF | — | |
| Q1 2026 | $6.14/SF | 10.7% | 2.0M SF | — | CBRE |
| Q4 2025 | — | — | 85K SF | — | Cushman & Wakefield |
| Q3 2019 | $33.77/SF | 4.6% | 226K SF | — | Cushman & Wakefield |
| Q3 2019 | $25.67/SF | 4.0% | 55K SF | — | |
| Q3 2017 | $37.71/SF | 0.6% | 0K SF | — | Cushman & Wakefield |
Frequently asked questions
- What is the average asking rent for retail space in Silicon Valley?
- As of Q2 2026, the average asking rent for retail space in Silicon Valley was $181.00/SF, per Cushman & Wakefield.
- What is the retail vacancy rate in Silicon Valley?
- Vacancy data for Silicon Valley retail is aggregated from brokerage reports; refer to the quarterly table for available quarters.
- Where does CREhunt's Silicon Valley market data come from?
- This report aggregates quarterly retail market data for Silicon Valley from Cushman & Wakefield, CBRE.
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