News
National Retail

These Are The Top 12 Prime Retail Markets In The US

Retailers pay the highest rents in these dozen markets for the best quality space in the country, according to CBRE's Global Prime Retail Rents report.

(All rents as of Q2 2016)

Fifth Avenue, NY
Photo credit: A. Balet / Wikimedia Commons

1) New York

Street: Fifth Avenue (56th to 58th streets)

Rent: $4k/SF

2) Los Angeles

Street: Rodeo Drive

Rent: $700/SF

3) San Francisco

Street: Union Square

Rent: $675/SF

4) Chicago

Street: Michigan Avenue

Rent: $525/SF

5) Honolulu

Street: Kalakaua Avenue

Rent: $420/SF

6) Miami

Street: Lincoln Road Mall

Rent: $325/SF

7) Washington, DC

Street: 7th Street (F to H streets)

Rent: $250/SF

8) Boston

Street: Newbury Street

Rent: $225/SF

9) Philadelphia 

Street: Walnut Street

Rent: $225/SF

10) Dallas

Street: Highland Park Village

Rent: $185/SF

11) Seattle

Street: 6th & Pine

Rent: $100/SF

12) Denver

Street: Cherry Creek North

Rent: $70/SF

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Wall Street Impatient For Big Tech Returns On Data Center Spending

As AI Adoption Ramps Up, Half A Million Property Managers Are In The Crosshairs

Treasuries Hover Around 4.7% As Wall Street Questions If Warsh Is A 'Dove In Hawk's Clothing'

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Philly Retail Momentum Spills From Rittenhouse Into Northern Liberties

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Churchill Downs Plans To Sell 9 Casinos, Focus On Horse Racing

Bringing Stability And Savings To CRE Insurance Through Working Layer

More Hotel Owners In Need Of Cash Are Getting It From The Big Brands

Forget Buildings, Retailers Are Leasing Environments

Former Arms Dealer Targeting Heartland Apartment Takeover Files For Bankruptcy

SEC Charges REIT, Its Founders With Alleged $152M Fraud Scheme