San Diego Retail Figures Q4 2025

Market Overview

• The San Diego retail market closed Q4 2025 with an availability rate of 5.0%.The overall availability rate was unchanged from Q3 2025.
• The total retail sq. ft. absorbed in Q4 2025 was positive 27,000 sq. ft., compared to negative 272,000 sq. ft. in Q3 2025.
• There was 94,000 sq. ft. delivered in Q4 2025, compared to 15,000 sq. ft. in Q3 2025.
• The overall average net asking rent for retail in San Diego ended Q4 2025 at $2.34, representing a $0.02 decrease from Q3 2025.
• The total retail investment sales in Q4 2025 amounted to $263.6 million in total volume, compared to $458.8 million in Q3 2025.