What is the average rent cost per square meter of a retail space in America?
I am working on a project for uni and am figuring out the financial plan (100ish retail spaces spread across the US - suburbs, downtown, etc...). As a European I have no clue how much the rent cost would be for a retail space (e.g. for a 75 square meter space)?  I know this is extremely vague and I don't even know if this is the right subreddit but any price range from less populated to more populated areas would be greatly appreciated.
[{"id": "e70sz06", "text": "First and foremost, we use square feet around these parts. ", "replies": [{"id": "e70yy94", "text": "Yea! You take your base 10 system elsewhere! We like confusing shit!", "replies": [], "depth": 2}], "depth": 1}, {"id": "e70tn47", "text": "It varies wildly. If you took an average of the entire country, your results would be skewed by 5th Ave in NY and Rodeo Drive in Los Angeles, where rent per sf/yr can measure in tens of thousands of dollars. ", "replies": [{"id": "e715xe5", "text": "If your averaging by SF, even those extremes have a pretty small effect. The average is around $22, the median is around $19.", "replies": [{"id": "e7289cy", "text": "Guess that's true. I'm a little rusty on statistics and I'm an industrial broker.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "e70ul1q", "text": "It would be an easier question to assess by class of the retail space. ", "replies": [], "depth": 1}, {"id": "e70yr5t", "text": "See if you can find a national retail report from Jll or CBRE. Someone has a national average somewhere ", "replies": [], "depth": 1}, {"id": "e70zq30", "text": "That\u2019s like asking what the average retail rent is in all of Europe.  It is so market and asset specific that it is impossible to give you an accurate answer.", "replies": [], "depth": 1}, {"id": "e712lnv", "text": "The range is too high, the statistic you are seeking is a useless variable. It will likely skew much too low, as there is a LOT of vacant retail in rural and suburban markets with crazy low rents, but smaller format urban and high street retail at all time highs. At least narrow your question down a bit to urban vs suburban vs rural, North/West/East/South, CBD or outer edges of cities, etc. The US is a big and diverse place, national averages are almost never meaningful statistics for RE here, especially for something specific like a business plan. \n\n&amp;#x200B;", "replies": [], "depth": 1}, {"id": "e7136mw", "text": "In the southeast US- secondary market prices can be from $10/sf and under for the rural areas to over $50/sf for the urbanized areas. Of course, when you get into your primary markets (Atlanta, Charlotte, Miami) these numbers are extremely high. As mentioned earlier by these other lovely guys and gals, it would be helpful to know a demographic for what you are looking for in terms of market size as well as a product target.", "replies": [], "depth": 1}, {"id": "e714gjr", "text": "Go to [Loopnet.com](https://Loopnet.com).  Pull out a map of the US.  Use the filters on Loopnet to get a cross section of retail rents in the states that you think represent the US.  Perhaps: CA-CO-OR-TX-IN-OH-KS-TN-GA-NY-FL.  Pick a specific retail class such as Shopping Centers (neighborhood centers).  You will need to also pick a specific range of \"square feet\" such as 2,500 s/f to 5,000 s/f.  In general, the larger the s/f the lower the rent.  Be careful, most of the US uses rent per square feet quoted by the year.  Parts of CA, such as Southern CA uses rent per square feet by month.  Make sure you know the difference.  You have a daunting task ahead of you.  Good luck.", "replies": [], "depth": 1}, {"id": "e715q7m", "text": "Around 22/sf right now, across all markets and retail types.", "replies": [], "depth": 1}, {"id": "e719z5x", "text": "According to CBRE's Q2 2018 US Retail Figures report it's $17.37 per square foot which works out to $186.97 per square meter if I'm doing the math correctly. These are net rental rates in USD. No idea how retail leases are structured in European countries.\n\n[https://www.cbre.us/research-and-reports/Q2-2018-U-S--Retail-Figures](https://www.cbre.us/research-and-reports/Q2-2018-U-S--Retail-Figures)", "replies": [{"id": "e71k9vu", "text": "Hey thank you for your answer. That helps a lot. That would be annually right?", "replies": [{"id": "e71s9ng", "text": "Correct ", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}]