Market Reports

The Los Angeles County retail sector continues to stabilize after several years of uneven performance, with most submarkets showing consistent rent growth and steady absorption. Average asking rents across the county range from the low $2.00s in suburban markets like Santa Clarita to the mid-$5.00s in coastal and high-street areas such as Santa Monica and West Hollywood. Leasing activity remains healthy, driven by local service retailers, dining concepts, and experiential tenants capitalizing on second-generation spaces. While overall availability remains elevated, particularly in urban corridors like DTLA, vacancy has begun to flatten as tenants re-enter the market and landlords prioritize occupancy over rate escalation.

Overall, the county’s retail environment is transitioning from recovery to resilience. Rents are largely holding firm, deal flow remains steady, and demand is broad-based across categories. Suburban trade areas continue to capture expansion from regional operators seeking affordability, while urban and coastal markets sustain pricing strength through brand visibility and high foot traffic. With measured growth, improving consumer spending, and balanced supply, Los Angeles County’s retail market is positioned for steady, sustainable performance through 2026.

Below are breakdowns of submarkets found in the Greater Los Angeles area.