RETAIL SPACE FOR LEASE IN SACRAMENTO

Why implement your retail space in Sacramento? 

Sacramento boasts a dynamic retail scene, making it an attractive destination for businesses seeking retail space for lease. The city offers a diverse range of options, from prime shopping centers to charming neighborhood storefronts. With its growing population and strong local economy, Sacramento provides ample opportunities for retail businesses to flourish.   

Whether you're looking for a high-traffic location in the heart of downtown or a niche market in a trendy neighborhood, there are retail spaces available to suit various needs and budgets. From fashion boutiques to specialty shops and restaurants, Sacramento's retail spaces offer the chance to tap into a vibrant consumer market. Collaborating with local real estate agents can help you navigate the market and find the ideal retail space to showcase your products or services in this thriving city.

Looking for retail space for lease in Sacramento? Let our experts help you find the perfect location to grow your business and draw in customers.

How much does it cost to rent an industrial space in Sacramento?

The cost of renting a retail space in Sacramento can vary significantly depending on factors such as location, size, condition, and the specific area within the city. Rental rates for retail spaces are typically quoted in terms of cost per square foot per month. On average, retail spaces in Sacramento can range from $1.50 to $5 or more per square foot per month.

Prime retail locations in popular shopping districts or high-traffic areas, such as downtown Sacramento or prominent shopping centers, may command higher rental prices. Smaller neighborhood retail spaces or those located further from major commercial hubs may offer more affordable rates.

To read: our U.S. Shopping Center MarketBeat report analyzes quarterly commercial real estate results for the retail sector nationally and provides market activity information including supply, demand and pricing trends.

Are retail space rents likely to increase in Sacramento?

Sacramento has seen significant population growth and economic development, which has led to increased consumer spending and demand for retail spaces. The city's vibrant retail scene, coupled with its strong local economy and rising population, contributes to the potential for rental rates to rise.

Furthermore, factors such as limited availability of prime retail locations, inflation, and rising operating costs can also impact rental prices. As demand for retail spaces continues to outpace supply, it is likely that landlords and property owners may seek to adjust rental rates accordingly.

What types of retail spaces can I lease in Sacramento?

In Sacramento, a wide array of retail spaces is available for lease, catering to various business types and sizes. You can find spaces in bustling shopping malls, which are perfect for attracting high foot traffic and visibility. These malls often house a mix of national brands and local boutiques, providing a vibrant shopping experience. Additionally, there are standalone retail buildings that offer more flexibility in terms of layout and branding, ideal for businesses seeking a unique identity. Sacramento also has numerous strip malls and neighborhood centers, which are excellent for businesses that rely on local clientele and community engagement. For those seeking a more urban setting, downtown Sacramento offers retail spaces in historic buildings with character and charm, attracting tourists and locals alike.

What is the most common size range of retail spaces available in Sacramento? 

Retail spaces in Sacramento come in a variety of sizes to accommodate different business needs. The most common size range for retail spaces typically falls between small boutique spaces of around 500 square feet to larger units exceeding 5,000 square feet. Smaller spaces are ideal for specialty shops, cafes, or service-oriented businesses that require a cozy and intimate setting. Medium-sized spaces, ranging from 1,000 to 3,000 square feet, are well-suited for retail stores, restaurants, and fitness centers that need more room for inventory and customer interaction. Larger spaces, often found in shopping centers or standalone buildings, are perfect for anchor stores, supermarkets, or entertainment venues that require extensive floor space to operate effectively. This diversity in size options allows businesses to find the perfect fit for their operational requirements and growth plans.

What are common lease types for retail in Sacramento?

In Sacramento, retail leases typically fall into several common categories, each offering different terms and conditions to suit various business models. The most prevalent lease type is the triple net lease (NNN), where tenants are responsible for paying the base rent along with property taxes, insurance, and maintenance costs. This type of lease is popular among landlords as it shifts the responsibility of property expenses to the tenant. Another common lease type is the gross lease, where the tenant pays a fixed rent amount, and the landlord covers most property expenses. This lease type is often preferred by small businesses or startups that want predictable monthly costs. Additionally, percentage leases are available, where tenants pay a base rent plus a percentage of their sales. This type of lease is common in shopping centers and malls, aligning the landlord's interests with the tenant's success. Each lease type offers different advantages, allowing businesses to choose the best option for their financial and operational needs.

Popular neighborhoods in Sacramento

Sacramento offers a variety of popular neighborhoods for leasing retail space, each with its own unique character and advantages. Some of the popular neighborhoods in Sacramento for retail leasing include:

• Downtown Sacramento: The heart of the city, downtown Sacramento offers a vibrant retail scene with a mix of local boutiques, restaurants, and larger retail establishments. It attracts a high volume of foot traffic and offers excellent visibility for businesses.
• Midtown Sacramento: Known for its trendy and eclectic vibe, Midtown Sacramento is a popular destination for independent retailers, specialty shops, and art galleries. It caters to a diverse and vibrant community and attracts both locals and tourists.
• The Handle District: Located within Midtown Sacramento, The Handle District is a designated retail district known for its unique shops, boutiques, and eateries. It has a distinctive charm and attracts shoppers seeking a more boutique and upscale experience.
• East Sacramento: This neighborhood offers a mix of residential and retail spaces, with tree-lined streets and a sense of community. It is popular for neighborhood-oriented retail, including cafes, boutiques, and specialty stores.
• Arden-Arcade: Situated northeast of downtown, Arden-Arcade is a well-established area with several shopping centers and retail complexes. It attracts a diverse customer base and offers a mix of national retailers and local businesses.
• Other notable neighborhoods for retail leasing in Sacramento include Land Park, Natomas, and Carmichael. Each neighborhood has its own unique characteristics, target audience, and market dynamics. It's important to consider factors such as foot traffic, accessibility, and the suitability of the neighborhood for your specific retail business when choosing a location. Consulting with local commercial real estate agents can provide valuable insights and help you find the ideal retail space in your preferred neighborhood.

Getting to and from Sacramento

Sacramento is easily accessible by air, train, and car, making it a convenient location for business travel and commuting. Here are some of the ways to get to and from Sacramento:

• Air travel: The Sacramento International Airport (SMF) is located just 10 miles from downtown Sacramento and offers nonstop flights to many domestic and international destinations.
• Train travel: The Amtrak station in Sacramento is located in the heart of downtown and offers daily service to many cities throughout California, including San Francisco and Los Angeles.
• Car travel: Sacramento is easily accessible by car via several major highways, including Interstate 5 and Interstate 80, which connect the city to other major cities in California and beyond.
• Public transportation: The Sacramento Regional Transit District (RT) operates buses, light rail trains, and shuttle services throughout the city and surrounding areas, providing convenient and affordable options for getting around.
• Ride-sharing services: Ride-sharing services such as Uber and Lyft are also available in Sacramento, providing another convenient option for getting around the city.

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