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- Average retail rent per square foot in the United States12:
- In the first quarter of 2023, the average square footage asking rent reached 22.95 U.S. dollars.
- As of the first quarter of 2024, shopping center real estate in the West had the highest rents at 29 U.S. dollars per square foot.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The average asking rent for retail real estate in the United States increased steadily in the last decade. In the first quarter of 2023, the average square footage asking rent reached 22.95 U.S. dollars.www.statista.com/statistics/1270865/retail-space-re…The average monthly asking rent per square foot of shopping center real estate in the United States increased between 2020 and 2024. This trend was observed in all regions, with the West seeing the highest rents at 29 U.S. dollars per square foot as of the first quarter of 2024.www.statista.com/statistics/1200208/asking-rent-sh… - People also ask
WEBAverage rent of shopping centers in the U.S. 2020-2024, by region. The average monthly asking rent per square foot of shopping center real estate in the United States increased between...
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