The Sacramento retail market in Q3 2025 experienced a slight rise in vacancy and modest rent growth, while construction activity and sales pricing declined. Net absorption remained negative, and deliveries fell sharply year-over-year. Explore our full Sacramento retail market report for detailed insights into leasing, investment, and development trends.
3Q 2025 Sacramento Retail Market: Key Data Points
- Vacancy Rate Rises Slightly: Retail vacancy increased to 5.8%, up 30 basis points year-over-year.
- Asking Rents Increase: Average asking rent reached $1.49/SF, a 2.59% rise from Q3 2024.
- Construction Pipeline Contracts: Space under construction dropped to 301,764 SF, down 43.9% year-over-year.
- Sales Prices Decline: Average sales price per square foot fell to $190, a 4.55% decrease year-over-year.
- Construction Deliveries Fall: YTD deliveries totaled 340,552 SF, down 45.5% from the prior year.
- Net Absorption Negative: The market recorded -124,038 SF in net absorption YTD.
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