Mobile Retail Market Report
By PropZone Research · Data through Q4 2023 · Aggregated from Cushman & Wakefield
Quarterly retail market indicators for Mobile, aggregated by PropZone from Cushman & Wakefield. As of Q4 2023, average asking rent was $7.00/SF.
Projected current retail pricing — Mobile
indicative confidenceModeled estimate (income approach) shown as a range — not an appraisal. No market-specific cap rate is published for Mobile retail yet, so this applies the typical cap rate across comparable retail markets — treat it as a rough, indicative range that sharpens as sourced cap rates arrive. Projected asking rent × occupancy × net-operating-income margin band ÷ a benchmark cap rate, from Q4 2023 asking-rent data (benchmark cap rate 6.1%–7.3%, asking rent held flat). Assumes ~92% occupancy (vacancy not reported) and a 65–82% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q4 2023 | $7.00/SF | — | 10K SF | — | Cushman & Wakefield |
Frequently asked questions
- What is the average asking rent for retail space in Mobile?
- As of Q4 2023, the average asking rent for retail space in Mobile was $7.00/SF, per Cushman & Wakefield.
- What is the retail vacancy rate in Mobile?
- Vacancy data for Mobile retail is aggregated from brokerage reports; refer to the quarterly table for available quarters.
- Where does PropZone's Mobile market data come from?
- This report aggregates quarterly retail market data for Mobile from Cushman & Wakefield.