Third Quarter 2026
Retail Market Outlook
Ventura County
Cardenas acquired a 3,140-SF restaurant building formerly occupied by Danny’s Deli & Grill in Ventura for $1.75 million, or $557.32/SF.
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.
