Orange County Retail Market Insights

Written By Dash Resha

Q3 2024 Report

Our Q3 2024 Orange County Retail Market Report is here, bringing you the latest insights on key trends, demand drivers, and investment opportunities in the region.

Highlights include:

  • Low Vacancy Rates: Orange County’s retail spaces are tight, with vacancy holding at just 4.2%.

  • Investor Shifts: Rising cap rates are attracting value-driven investors to submarkets like Santa Ana and Garden Grove.

  • Moderate Rent Growth: Rents are up 3.4% year-over-year, reflecting steady demand.

  • Limited New Construction: Only 170,000 square feet under development, keeping supply constrained.

This report, drawing on insights from CoStar Group and Moody's Analytics, offers valuable perspectives for understanding Orange County’s evolving retail landscape. Feel free to reach out with any questions or if you need further details.

Dash Resha
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