Second Quarter 2026
Retail Market Outlook
Ventura County
A private individual sold this 33,965-square-foot retail property to another private individual for $8.23 million ($242 per square foot).
By J.C. Casillas
Managing Director of Research and Public Relations at NAI Capital Commercial
Managing Director of Research and Public Relations at NAI Capital Commercial
LEASING TRENDS
Leasing volume fell 17.5% QoQ and 56.8% YoY, while under construction space held flat QoQ but surged 646.9% YoY, signaling a significant supply build ahead. Asking rent edged up 0.5% QoQ and 3.3% YoY, offering a bright spot despite weakening leasing demand.
SALES TRENDS
Sales volume rose 6.8% QoQ and 11.9% YoY, while average sale price per square foot fell 31.1% QoQ and 10.2% YoY, reflecting steady transaction activity alongside notable pricing softness.
