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

As of Q1 2026, the average asking rent for retail space in Columbus was $20.87/SF, per Matthews.

What is the retail vacancy rate in Columbus?

The retail vacancy rate in Columbus was 3.3% as of Q1 2026 (Matthews).

Where does PropZone's Columbus market data come from?

This report aggregates quarterly retail market data for Columbus from Matthews, Colliers, CBRE.

Columbus Retail Market Report

By PropZone Research · Data through Q1 2026 · Aggregated from Matthews, Colliers, CBRE

Quarterly retail market indicators for Columbus, aggregated by PropZone from Matthews, Colliers, CBRE. As of Q1 2026, average asking rent was $20.87/SF with a 3.3% vacancy rate.

Projected current retail pricing — Columbus

low confidence

Projected asking rent

$20.87/SF/yr

Estimated sale value

$158–$199/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 Matthews data (cap rate 8.3%, asking rent held flat). Assumes ~97% occupancy and a 65–82% net-operating-income margin.

Quarter	Asking rent	Vacancy	Net absorption	Under constr.	Source
Q1 2026	$20.87/SF	3.3%	—	—	Matthews
Q2 2025	—	21.7%	2K SF	—	Colliers
Q2 2025	—	6.3%	20K SF	—	CBRE

Frequently asked questions

What is the average asking rent for retail space in Columbus?: As of Q1 2026, the average asking rent for retail space in Columbus was $20.87/SF, per Matthews.
What is the retail vacancy rate in Columbus?: The retail vacancy rate in Columbus was 3.3% as of Q1 2026 (Matthews).
Where does PropZone's Columbus market data come from?: This report aggregates quarterly retail market data for Columbus from Matthews, Colliers, CBRE.

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