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 confidenceProjected 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 65–82% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q1 2026 | $23.00/SF | 4.1% | -1.5M SF | — | Matthews |
| Q1 2026 | — | 4.6% | 201K SF | — | Partnersrealestate |
| Q1 2026 | $25.00/SF | 4.5% | 2K SF | — | Cushman & Wakefield |
| Q4 2025 | $23.63/SF | 4.3% | — | — | Matthews |
| Q4 2025 | — | 4.4% | -592K SF | — | Partnersrealestate |
| Q4 2025 | $25.00/SF | 4.5% | 2K SF | — | Cushman & 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.
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