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
- Q2 - 2023
- Q2 - 2024
- Q2 - 2025
Leasing Market Overview
MEASURING Q2 2025Santa Clarita’s retail availability has edged up to 6.1% in Q3, just below its 10-year average, following recent store closures like Joann Fabrics. Single-tenant availability is at 5%, while multi-tenant space is near 7%. Over 50,000 SF was added to the leasing market in early 2025, with a net inventory gain of 150,000 SF over the past five years and 20,000 SF under construction.
Rent growth has slowed, with a modest 0.4% increase over the past year and 13.7% total growth over five years. Rents aren’t expected to rebound to historical averages until after 2027, mirroring trends across Greater Los Angeles.
SNAPSHOT OF LEASES SIGNED
| No. | Signed Date | Start Date | Address | SF Leased | Rent/SF/Mo | Months on Market | Leasing Rep Company |
|---|---|---|---|---|---|---|---|
| 1 | Jun-25 | Jul-25 | 28207-28313 Newhall Ranch Rd | 1,275 | $4.50 | 4 Mos | Spectrum Commercial Real Estate, Inc |
| 2 | Jun-25 | Jul-25 | 27125 Sierra Hwy | 320 | $3.50 | 12 Mos | Spectrum Commercial Real Estate, Inc |
| 3 | Jun-25 | Jul-25 | 19317-19415 Soledad Canyon Rd | 2,426 | $2.25 | 50 Mos | illi Commercial Real Estate |
| 4 | Jun-25 | Jul-25 | 19317-19415 Soledad Canyon Rd | 3,364 | $2.25 | 72 Mos | illi Commercial Real Estate |
| 5 | Jun-25 | Jul-25 | 23120 Lyons Ave | 900 | $1.75 | 11 Mos | illi Commercial Real Estate |
| 6 | Jun-25 | Jun-25 | 27530 Newhall Ranch Rd | 2,000 | $3.50 | 25 Mos | NAI Capital |
| 7 | Apr-25 | May-25 | 19317-19415 Soledad Canyon Rd | 1,500 | $2.00 | 9 Mos | illi Commercial Real Estate |
| 8 | Apr-25 | May-25 | 28200 Bouquet Canyon Rd | 2,600 | $1.01 | 9 Mos | R&S Management |
| 9 | Apr-25 | May-25 | 28050 Hasley Canyon Rd | 1,285 | $2.83 | 11 Mos | InSite EFS, LLC |
| 10 | Apr-25 | May-25 | 19317-19415 Soledad Canyon Rd | 3,000 | $1.85 | 92 Mos | illi Commercial Real Estate |
SOURCE: CoStar
