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Average monthly retail rent on rodeo drive is $72.91 a square foot, compared with $250 a square foot on fifth avenue and $58.33 a square foot for union square. Average rents on the famous strip in beverly hills this year hit $1,100 per square foot, according to cushman & wakefield’s annual tally of the world’s most lucrative shopping streets Rates on beverly hills’ strip hit $1,100 per sf as luxury brands grow footprints
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The average monthly rent for a rodeo drive shop is $72.91 per square foot “so whether it’s rodeo drive or not, neighboring streets like north beverly drive, which is more affordable luxury, the vacancies have dropped by 75 percent and rents are at an. Retailers in rodeo square can expect to pay $36,000 to $64,800 per month for shop space.
What's even more insane is the rent of new york's upper fifth avenue—$3,500 per square foot—making it the retail street to beat
Given that rodeo has scored swanky new. New york has the highest average lwp district rent at $91.40 per sq Ft., followed by boston at $47.33 and washington, d.c These higher rents reflect strong.
Third streetaverage rent per square foot $48 rents are escalating in this eclectic urban area, which is attracting even more consumers thanks to the wildly popular. The average monthly asking rent per square foot of shopping center real estate in the united states increased between 2020 and 2025. The price per square foot on rodeo drive jumped in 2017 to $875 a year, up from $800 in 2016, and experts expect that rate to continue to climb, a recently released cushman study showed.
