Denver Retail Market Report
By PropZone Research · Data through Q1 2026 · Aggregated from CBRE, Lee Associates, Cushman & Wakefield, Colliers, Matthews
Quarterly retail market indicators for Denver, aggregated by PropZone from CBRE, Lee Associates, Cushman & Wakefield, Colliers, Matthews. As of Q1 2026, average asking rent was $20.70/SF.
Projected current retail pricing — Denver
low confidenceProjected asking rent
$16.87/SF/yr
Estimated sale value
$153–$193/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 Colliers data (cap rate 6.7%, asking rent held flat). Assumes ~94% occupancy and a 65–82% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q1 2026 | $20.70/SF | — | — | — | CBRE |
| Q1 2026 | — | 4.4% | 160K SF | — | Lee Associates |
| Q1 2026 | $12.00/SF | 4.1% | 0K SF | — | Cushman & Wakefield |
| Q1 2026 | $16.87/SF | 6.5% | 395K SF | — | Colliers |
| Q1 2026 | $27.57/SF | 4.4% | — | — | Matthews |
| Q4 2025 | — | — | — | — | CBRE |
| Q3 2017 | — | 0.6% | 730K SF | — | Colliers |
| Q2 2017 | $20.00/SF | 22.6% | 500K SF | — | Cushman & Wakefield |
| Q2 2014 | $20.70/SF | — | 0K SF | — | CBRE |
| Q2 2014 | $26.53/SF | 4.3% | — | — | Matthews |
Frequently asked questions
- What is the average asking rent for retail space in Denver?
- As of Q1 2026, the average asking rent for retail space in Denver was $20.70/SF, per CBRE.
- What is the retail vacancy rate in Denver?
- Vacancy data for Denver retail is aggregated from brokerage reports; refer to the quarterly table for available quarters.
- Where does PropZone's Denver market data come from?
- This report aggregates quarterly retail market data for Denver from CBRE, Lee Associates, Cushman & Wakefield, Colliers, Matthews.
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