What is the average asking rent for retail space in Boston?

As of Q1 2026, the average asking rent for retail space in Boston was $12.00/SF, per Cushman & Wakefield.

What is the retail vacancy rate in Boston?

The retail vacancy rate in Boston was 11.0% as of Q1 2026 (Cushman & Wakefield).

Where does PropZone's Boston market data come from?

This report aggregates quarterly retail market data for Boston from Cushman & Wakefield, Matthews.

Boston Retail Market Report

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

Quarterly retail market indicators for Boston, aggregated by PropZone from Cushman & Wakefield, Matthews. As of Q1 2026, average asking rent was $12.00/SF with a 11.0% vacancy rate.

Projected current retail pricing — Boston

low confidence

Projected asking rent

$12.00/SF/yr

Estimated sale value

$95–$120/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 7.3%, asking rent held flat). Assumes ~89% occupancy and a 65–82% net-operating-income margin.

Quarter	Asking rent	Vacancy	Net absorption	Under constr.	Source
Q1 2026	$12.00/SF	11.0%	0K SF	—	Cushman & Wakefield
Q4 2025	$24.93/SF	3.2%	—	—	Matthews

Frequently asked questions

What is the average asking rent for retail space in Boston?: As of Q1 2026, the average asking rent for retail space in Boston was $12.00/SF, per Cushman & Wakefield.
What is the retail vacancy rate in Boston?: The retail vacancy rate in Boston was 11.0% as of Q1 2026 (Cushman & Wakefield).
Where does PropZone's Boston market data come from?: This report aggregates quarterly retail market data for Boston from Cushman & Wakefield, Matthews.

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