Renaissance Towne Centre — Lease in San Diego, CA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: San Diego, CA 92122

Description

Anchored by CVS Pharmacy, this center supports robust daytime demand with steady weekday foot traffic from nearby office parks and research institutions. The property is adjacent to several luxury apartment communities and minute from affluent single-family neighborhoods in La Jolla and UTC.

Market Context

This retail in San Diego, CA is listed for lease. It has been on the market for 53 days. Compare it against other retail listings for lease in San Diego, CA — view the full market.

As of Q4 2025, the San Diego retail market showed a 4.4% vacancy rate, average asking rents near $27.24/SF/yr, and cap rates around 5.8%. Source: multiple brokerage reports, Q4 2025.

Tight vacancy keeps competition for quality space elevated.

Retail market FAQ

What is the typical cap rate for retail in San Diego?
About 5.8% as of Q4 2025, per multiple brokerage reports.
Is the San Diego retail market tightening or softening?
Vacancy is around 4.4% (Q4 2025).

Estimated Market Rate

$1.93/SF/mo – $2.61/SF/mo

Mid: $2.27/SF/mo

Rate estimator only; cost-of-business estimate unavailable.

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