What is the average asking rent for retail space in Washington D.C.?

As of Q4 2025, the average asking rent for retail space in Washington D.C. was $34.00/SF, per Matthews.

What is the retail vacancy rate in Washington D.C.?

The retail vacancy rate in Washington D.C. was 3.4% as of Q4 2025 (Matthews).

Where does PropZone's Washington D.C. market data come from?

This report aggregates quarterly retail market data for Washington D.C. from Matthews, Colliers.

Washington D.C. Retail Market Report

By PropZone Research · Data through Q4 2025 · Aggregated from Matthews, Colliers

Quarterly retail market indicators for Washington D.C., aggregated by PropZone from Matthews, Colliers. As of Q4 2025, average asking rent was $34.00/SF with a 3.4% vacancy rate.

Projected current retail pricing — Washington D.C.

low confidence

Projected asking rent

$34.00–$34.41/SF/yr

Estimated sale value

$314–$401/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 6.8%, asking rent trend-adjusted to today). Assumes ~97% occupancy and a 65–82% net-operating-income margin.

Quarter	Asking rent	Vacancy	Net absorption	Under constr.	Source
Q4 2025	$34.00/SF	3.4%	—	—	Matthews
Q4 2023	—	9.2%	650K SF	—	Colliers

Frequently asked questions

What is the average asking rent for retail space in Washington D.C.?: As of Q4 2025, the average asking rent for retail space in Washington D.C. was $34.00/SF, per Matthews.
What is the retail vacancy rate in Washington D.C.?: The retail vacancy rate in Washington D.C. was 3.4% as of Q4 2025 (Matthews).
Where does PropZone's Washington D.C. market data come from?: This report aggregates quarterly retail market data for Washington D.C. from Matthews, Colliers.

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