tratada_500x316_2Rua Oscar Freire ranks first among the most expensive locations in São Paulo for street retail. The usable square meter is worth an average of R$ 210 per month, according to the most recent edition of US consulting firm Cushman & Wakefield’s “Main Streets Across the World” study. Second comes Rua Bela Cintra, with an approximate lease value of R$ 130 per usable m² per month, followed by Alameda Lorena, at R$ 125 per usable m² per month. Prices at these addresses have risen slightly compared to last year, by approximately 3%.

“São Paulo’s street retail market is still busy and, unlike what we have noticed in other market segments, the crisis is not yet reflecting negatively on negotiations,” says Carla Kauffmann, South American Retail Manager for Cushman & Wakefield.

In Brazil as a whole, the most expensive street is Garcia D’Ávilla, in Ipanema, Rio de Janeiro. The usable square meter there averages R$ 325 per month.

 Most expensive lease addresses for street retailers in São Paulo

Location Average price of usable square meter per month (lease) in R$ in 2015 Average price of usable square meter per month (lease) in R$ in 2014
Rua Oscar Freire R$ 210 R$ 204
Rua Bela Cintra R$ 130 R$ 126
Alameda Lorena R$ 125 R$ 122
Rua Haddock Lobo R$ 120 R$ 116

Source: Main Streets Across the World, by Cushman & Wakefield