BOISE MSA | Q4 2026 RETAIL MARKET REPORT
RETAIL VACANCY TRENDS
The Boise MSA’s retail market continues to demonstrate resilience, with overall vacancy remaining at or below 5 percent throughout 2026.
Limited availability has pushed asking lease rates to record highs, reaching $24.00 per square foot (NNN, annual), an increase of $1.50 from 2025.
OVERALL VACANCY has held UNDER 5% throughout 2026.
UNANCHORED VACANCY ended September at 6.1%, its HIGHEST level in nearly a year.