What is the typical cap rate for industrial in Cincinnati?

About 8.6% as of Q1 2026, per multiple brokerages.

Is the Cincinnati industrial market tightening or softening?

Vacancy is around 5.8% (Q1 2026).

Industrial

9449 Glades Drive

9449 glades drive, west chester, OH 45011

Price

Price on request

Market rate estimate — not broker-provided

Cost-of-Business Details

Medium Confidence

Low

$11.20/SF

Mid

$14.00/SF

High

$16.80/SF

Tier Used

tax_cap_reverse

Estimated from market cap rate (8.6%), property tax rate (0.02%), and wage-adjusted baseline.

Tier Resolution Trace

Tier 1insufficient_data

Tier 2successselected

Cost Breakdown

Component	Value	Detail	Source
Base Rent	$14.00/SF	—	tax_cap_reverse
Utilities	—	14.7¢/kWh	OpenEI URDB
Property Tax	—	0.0% eff. rate	API Ninjas
Labor Index	—	$1467/wk	BLS QCEW

Source Provenance (3)

Source	Type	Count	Year	Freshness	Peer
Market Reports	cap_rate	—	—	quarterly	—
API Ninjas	property_tax	—	—	annual	—
BLS QCEW	wage_index	—	—	quarterly	—

Data sources used

market_reportsproperty_taxwage_index

Description

168,000 Industrial Space for Lease INDUSTRIAL SPACE FOR LEASE Available Space: 168,000 SF Office: 9,188 SF Clear Height: 28’ Column Spacing: 40’ x 47’ Dock Doors: 16 Drive-in Doors: 1 Trailer Parking Spaces: 0 Car Parking Spaces: 125 Electrical Service: 1,600 amps Sprinkler: ESFR Lighting: LED Motion Sensor

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

9449 glades drive, west chester, OH 45011

Leaflet © OpenStreetMap contributors

Market Context

As of Q1 2026, the Cincinnati industrial market showed a 5.8% vacancy rate, and cap rates around 8.6%. Source: multiple brokerages Q1 2026 market report.

Projected current pricing

low confidence

Projected asking rent

$7.40/SF/yr

Estimated sale value

$58–$71/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 www lee-associates com data (cap rate 8.6%, asking rent held flat).

View the full Cincinnati Industrial market report →

Tight vacancy keeps competition for quality space elevated.

Compare it against other industrial listings for sale in West Chester, OH to benchmark pricing and space — view the full market.

Industrial market FAQ

What is the typical cap rate for industrial in Cincinnati?: About 8.6% as of Q1 2026, per multiple brokerages.
Is the Cincinnati industrial market tightening or softening?: Vacancy is around 5.8% (Q1 2026).