Boise Industrial Market Report
By PropZone Research · Data through Q1 2026 · Aggregated from TOK Commercial Q3 20, CBRE, Cushman & Wakefield
Quarterly industrial market indicators for Boise, aggregated by PropZone from TOK Commercial Q3 20, CBRE, Cushman & Wakefield. As of Q1 2026, average asking rent was $12.00/SF.
Projected current industrial pricing — Boise
low confidenceProjected asking rent
$12.00–$12.29/SF/yr
Estimated sale value
$132–$166/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 multiple brokerages data (cap rate 6.0%, asking rent trend-adjusted to today). Assumes ~92% occupancy (vacancy not reported) and a 72–88% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q1 2026 | $12.00/SF | — | — | — | TOK Commercial Q3 20 |
| Q1 2026 | — | 9.2% | 0K SF | — | CBRE |
| Q1 2026 | $12.00/SF | 3.5% | 0K SF | — | Cushman & Wakefield |
| Q3 2025 | — | 4.2% | 0K SF | 280K SF | Cushman & Wakefield |
| Q2 2025 | — | 3.2% | 0K SF | 0K SF | Cushman & Wakefield |
| Q4 2019 | $9.72/SF | 5.2% | 0K SF | — | Cushman & Wakefield |
Frequently asked questions
- What is the average asking rent for industrial space in Boise?
- As of Q1 2026, the average asking rent for industrial space in Boise was $12.00/SF, per TOK Commercial Q3 20.
- What is the industrial vacancy rate in Boise?
- Vacancy data for Boise industrial is aggregated from brokerage reports; refer to the quarterly table for available quarters.
- Where does PropZone's Boise market data come from?
- This report aggregates quarterly industrial market data for Boise from TOK Commercial Q3 20, CBRE, Cushman & Wakefield.
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