Austin Retail Market Report
By PropZone Research · Data through Q1 2026 · Aggregated from Partnersrealestate, Cushman & Wakefield, Matthews
Quarterly retail market indicators for Austin, aggregated by PropZone from Partnersrealestate, Cushman & Wakefield, Matthews. As of Q1 2026, average asking rent was $45.02/SF.
Projected current retail pricing — Austin
low confidenceProjected asking rent
$24.00–$24.31/SF/yr
Estimated sale value
$246–$315/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 Cushman & Wakefield data (cap rate 6.1%, asking rent trend-adjusted to today). Assumes ~96% occupancy and a 65–82% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q1 2026 | $45.02/SF | — | 0K SF | — | Partnersrealestate |
| Q1 2026 | $24.00/SF | 3.7% | 6.1M SF | — | Cushman & Wakefield |
| Q4 2025 | $30.59/SF | 3.1% | 306K SF | — | Matthews |
| Q4 2025 | — | 3.4% | — | — | Partnersrealestate |
Frequently asked questions
- What is the average asking rent for retail space in Austin?
- As of Q1 2026, the average asking rent for retail space in Austin was $45.02/SF, per Partnersrealestate.
- What is the retail vacancy rate in Austin?
- Vacancy data for Austin retail is aggregated from brokerage reports; refer to the quarterly table for available quarters.
- Where does PropZone's Austin market data come from?
- This report aggregates quarterly retail market data for Austin from Partnersrealestate, Cushman & Wakefield, Matthews.
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