What is the average asking rent for retail space in Orange County?

As of Q1 2026, the average asking rent for retail space in Orange County was $31.20/SF, per Survey.

What is the retail vacancy rate in Orange County?

The retail vacancy rate in Orange County was 3.9% as of Q1 2026 (Survey).

Where does PropZone's Orange County market data come from?

This report aggregates quarterly retail market data for Orange County from Survey, Cushman & Wakefield, Lee Associates, CBRE.

Orange County Retail Market Report

By PropZone Research · Data through Q1 2026 · Aggregated from Survey, Cushman & Wakefield, Lee Associates, CBRE

Quarterly retail market indicators for Orange County, aggregated by PropZone from Survey, Cushman & Wakefield, Lee Associates, CBRE. As of Q1 2026, average asking rent was $31.20/SF with a 3.9% vacancy rate.

Projected current retail pricing — Orange County

low confidence

Projected asking rent

$31.20/SF/yr

Estimated sale value

$361–$455/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 Survey data (cap rate 5.4%, asking rent held flat). Assumes ~96% occupancy and a 65–82% net-operating-income margin.

Quarter	Asking rent	Vacancy	Net absorption	Under constr.	Source
Q1 2026	$31.20/SF	3.9%	—	—	Survey
Q1 2026	$31.20/SF	3.9%	—	—	Cushman & Wakefield
Q1 2026	$11.64/SF	2.4%	408K SF	—	Lee Associates
Q4 2025	—	—	0K SF	—	Cushman & Wakefield
Q3 2021	$25.01/SF	5.8%	-13.1M SF	—	Cushman & Wakefield
Q2 2018	$21.72/SF	10.0%	527K SF	—	Lee Associates
Q2 2018	$21.72/SF	—	—	—	Survey
Q2 2018	—	11.3%	581K SF	—	CBRE
Q3 2017	—	4.2%	-9K SF	—	Lee Associates

Frequently asked questions

What is the average asking rent for retail space in Orange County?: As of Q1 2026, the average asking rent for retail space in Orange County was $31.20/SF, per Survey.
What is the retail vacancy rate in Orange County?: The retail vacancy rate in Orange County was 3.9% as of Q1 2026 (Survey).
Where does PropZone's Orange County market data come from?: This report aggregates quarterly retail market data for Orange County from Survey, Cushman & Wakefield, Lee Associates, CBRE.

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