Market Report: Santa Clarita

SANTA CLARITA VALLEY

Bridgeport, Canyon Country, Castaic, Cheyenne, Newhall, Santa Clarita Valley, Steveson Ranch, Valencia, Old Orchard, and more.

Rent Rate (sf/mo)

Leasing Activity SF

Vacant Available SF

SOURCE: CoStar 

  • Q1 - 2024
  • Q1 - 2025
  • Q1 - 2026

Leasing Market Overview

MEASURING Q1 2026

Vacancy has trended upward over time, with a notable increase beginning in 2024 and accelerating through late 2025 before stabilizing slightly in early 2026. Leasing activity has been volatile, with strong spikes followed by periods of reduced absorption, indicating inconsistent demand. The latest quarter reflects relatively low leasing volume compared to prior peaks. Deal counts show variability but remain comparable to historical levels, suggesting continued but uneven transaction flow. Rent levels have declined gradually over the past two years and are stabilizing just below $2.00, indicating pricing pressure in the market. Overall, Santa Clarita retail reflects rising availability, inconsistent leasing trends, and softening rent conditions.

SNAPSHOT OF LEASES SIGNED

Signed Date Start Date Address SF Leased Rent/SF/Mo Months on Market Leasing Rep Company
Oct 2025 Jan 2026 20549 Soledad Canyon Ave 800 $2.30 18 Mos Pinnacle Estate Properties Inc
Oct 2025 Dec 2025 27125 Sierra Hwy 5410 $2.00 16 Mos Spectrum Commercial Real Estate
Oct 2025 Nov 2025 26519-26529 Golden Valley Rd 1670 $2.50 11 Mos NAI Capital
Nov 2025 Dec 2025 25835 Railroad Ave 1300 $1.50 12 Mos Cornerstone Realty Advisors
Nov 2025 Dec 2025 18909 Soledad Canyon Rd 1200 $0.99 4 Mos RE/MAX Crissman Commercial Services
Nov 2025 Apr 2026 23500 Valencia Blvd 2200 $8.45 - illi Commercial Real Estate
Dec 2025 Dec 2025 18909 Soledad Canyon Rd 1500 $0.99 24 Mos RE/MAX Crissman Commercial Services
Dec 2025 Jan 2026 24480 Main St 1429 $3.25 5 Mos NAI Capital
Dec 2025 Jan 2026 27560 Newhall Ranch Rd 1000 $3.50 31 Mos NAI Capital
Dec 2025 Jan 2026 25160-25176 Rye Canyon Rd 2126 $3.50 9 Mos NAI Capital

SOURCE: CoStar 

Successful Client

Meet Kyle and Travis, the founders behind Green Room Golf, and get a behind-the-scenes look at how they opened their first indoor golf location in Camarillo, California.

In this video, they share why flex space was the right fit for their concept, what they looked for in a building, and how the area, layout, and ceiling height played a big role in the decision.

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