In 2023, the average base rent of mall stores and freestanding stores under 10,000 square feet owned by Macerich reached 61.66 U.S. dollars per square foot. In contrast, the average base rent for the company's joint ventures malls stood at 70.42 U.S. dollars. Macerich is an American real estate investment trust that invests in shopping centers.
Average base rent per square foot of mall and freestanding stores owned or partly owned by Macerich in the United States from 2017 to 2023
(in U.S. dollars)
The source includes the following notes:
1. 'Average base rent per square foot is based on spaces occupied as of December 31 for each of the Centers and gives effect to the terms of each lease in effect, as of such date, including any concessions, abatements and other adjustments or allowances that have been granted to the tenants.'
2. 'Centers under development and redevelopment are excluded from average base rents.'
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Macerich. (February 26, 2024). Average base rent per square foot of mall and freestanding stores owned or partly owned by Macerich in the United States from 2017 to 2023 (in U.S. dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1199807/average-base-rent-per-square-foot-malls-maverich-united-states/
Macerich. "Average base rent per square foot of mall and freestanding stores owned or partly owned by Macerich in the United States from 2017 to 2023 (in U.S. dollars)." Chart. February 26, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1199807/average-base-rent-per-square-foot-malls-maverich-united-states/
Macerich. (2024). Average base rent per square foot of mall and freestanding stores owned or partly owned by Macerich in the United States from 2017 to 2023 (in U.S. dollars). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1199807/average-base-rent-per-square-foot-malls-maverich-united-states/
Macerich. "Average Base Rent per Square Foot of Mall and Freestanding Stores Owned or Partly Owned by Macerich in The United States from 2017 to 2023 (in U.S. Dollars)." Statista, Statista Inc., 26 Feb 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1199807/average-base-rent-per-square-foot-malls-maverich-united-states/
Macerich, Average base rent per square foot of mall and freestanding stores owned or partly owned by Macerich in the United States from 2017 to 2023 (in U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1199807/average-base-rent-per-square-foot-malls-maverich-united-states/ (last visited November 10, 2024)
Average base rent per square foot of mall and freestanding stores owned or partly owned by Macerich in the United States from 2017 to 2023 (in U.S. dollars) [Graph], Macerich, February 26, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1199807/average-base-rent-per-square-foot-malls-maverich-united-states/
