Charleston Industrial Market Report

By PropZone Research · Data through Q1 2026 · Aggregated from CBRE Survey H2 2025, Cushman & Wakefield, CBRE

Quarterly industrial market indicators for Charleston, aggregated by PropZone from CBRE Survey H2 2025, Cushman & Wakefield, CBRE. As of Q1 2026, average asking rent was $8.05/SF with a 13.3% vacancy rate.

Projected current industrial pricing — Charleston

low confidence
Projected asking rent
$8.05/SF/yr
Estimated sale value
$87–$107/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 CBRE Survey H2 2025 data (cap rate 5.8%, asking rent held flat). Assumes ~87% occupancy and a 7288% net-operating-income margin.

QuarterAsking rentVacancyNet absorptionUnder constr.Source
Q1 2026$8.05/SF13.3%CBRE Survey H2 2025
Q1 2026$8.05/SF13.3%0K SF0K SFCushman & Wakefield
Q4 20253.1%0K SFCushman & Wakefield
Q4 2019$14.00/SF2K SFCushman & Wakefield
Q4 20190.5%5.7M SFCBRE

Frequently asked questions

What is the average asking rent for industrial space in Charleston?
As of Q1 2026, the average asking rent for industrial space in Charleston was $8.05/SF, per CBRE Survey H2 2025.
What is the industrial vacancy rate in Charleston?
The industrial vacancy rate in Charleston was 13.3% as of Q1 2026 (CBRE Survey H2 2025).
Where does PropZone's Charleston market data come from?
This report aggregates quarterly industrial market data for Charleston from CBRE Survey H2 2025, Cushman & Wakefield, CBRE.