Greater Los Angeles Retail Market Report
By PropZone Research · Data through Q1 2026 · Aggregated from Lee Associates, Matthews, Cushman & Wakefield
Quarterly retail market indicators for Greater Los Angeles, aggregated by PropZone from Lee Associates, Matthews, Cushman & Wakefield. As of Q1 2026, average asking rent was — with a 5.0% vacancy rate.
Projected current retail pricing — Greater Los Angeles
low confidenceProjected asking rent
$36.43–$36.60/SF/yr
Estimated sale value
$310–$392/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 Q4 2025 Matthews data (cap rate 7.2%, asking rent trend-adjusted to today). Assumes ~94% occupancy and a 65–82% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q1 2026 | — | 5.0% | -1.1M SF | — | Lee Associates |
| Q4 2025 | $36.60/SF | 5.9% | — | — | Matthews |
| Q3 2023 | — | 4.8% | 0K SF | — | Cushman & Wakefield |
| Q3 2023 | — | 2.0% | 1000.0M SF | — | Lee Associates |
Frequently asked questions
- What is the average asking rent for retail space in Greater Los Angeles?
- PropZone aggregates retail asking-rent data for Greater Los Angeles from major brokerage market reports; see the quarterly table for the latest available figures.
- What is the retail vacancy rate in Greater Los Angeles?
- The retail vacancy rate in Greater Los Angeles was 5.0% as of Q1 2026 (Lee Associates).
- Where does PropZone's Greater Los Angeles market data come from?
- This report aggregates quarterly retail market data for Greater Los Angeles from Lee Associates, Matthews, Cushman & Wakefield.
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