Atlanta Retail Market Report

By PropZone Research · Data through Q1 2026 · Aggregated from Matthews, Partnersrealestate, Cushman & Wakefield

Quarterly retail market indicators for Atlanta, aggregated by PropZone from Matthews, Partnersrealestate, Cushman & Wakefield. As of Q1 2026, average asking rent was $23.00/SF with a 4.1% vacancy rate.

Projected current retail pricing — Atlanta

high confidence
Projected asking rent
$24.00/SF/yr
Estimated sale value
$210–$265/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 7.1%, asking rent held flat). Assumes ~96% occupancy and a 6582% net-operating-income margin.

QuarterAsking rentVacancyNet absorptionUnder constr.Source
Q1 2026$23.00/SF4.1%-1.5M SFMatthews
Q1 20264.6%201K SFPartnersrealestate
Q1 2026$25.00/SF4.5%2K SFCushman & Wakefield
Q4 2025$23.63/SF4.3%Matthews
Q4 20254.4%-592K SFPartnersrealestate
Q4 2025$25.00/SF4.5%2K SFCushman & Wakefield

Frequently asked questions

What is the average asking rent for retail space in Atlanta?
As of Q1 2026, the average asking rent for retail space in Atlanta was $23.00/SF, per Matthews.
What is the retail vacancy rate in Atlanta?
The retail vacancy rate in Atlanta was 4.1% as of Q1 2026 (Matthews).
Where does PropZone's Atlanta market data come from?
This report aggregates quarterly retail market data for Atlanta from Matthews, Partnersrealestate, Cushman & Wakefield.