Kansas City Industrial Market Report

By PropZone Research · Data through Q1 2026 · Aggregated from Cushman & Wakefield, CBRE, Cbre, Newmark

Quarterly industrial market indicators for Kansas City, aggregated by PropZone from Cushman & Wakefield, CBRE, Cbre, Newmark. As of Q1 2026, average asking rent was — with a 7.4% vacancy rate.

Projected current industrial pricing — Kansas City

low confidence
Projected asking rent
$5.57–$5.64/SF/yr
Estimated sale value
$57–$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 multiple brokerages data (cap rate 6.5%, asking rent trend-adjusted to today). Assumes ~93% occupancy and a 7288% net-operating-income margin.

QuarterAsking rentVacancyNet absorptionUnder constr.Source
Q1 20267.4%2.0M SFCushman & Wakefield
Q1 2026$5.57/SFCBRE
Q1 2026$5.57/SF7.4%Cbre
Q4 2025$6.00/SF219K SFNewmark
Q4 20250K SFCushman & Wakefield
Q3 2025714K SF0K SFCushman & Wakefield
Q3 20251.2M SFNewmark
Q2 2025315K SFNewmark
Q2 20250K SFCushman & Wakefield
Q1 20257.5M SFNewmark
Q4 2024740K SFNewmark
Q3 20241.5M SFNewmark
Q2 20242.3M SFNewmark
Q3 2017$9.96/SF4.6%302K SFCushman & Wakefield

Frequently asked questions

What is the average asking rent for industrial space in Kansas City?
PropZone aggregates industrial asking-rent data for Kansas City from major brokerage market reports; see the quarterly table for the latest available figures.
What is the industrial vacancy rate in Kansas City?
The industrial vacancy rate in Kansas City was 7.4% as of Q1 2026 (Cushman & Wakefield).
Where does PropZone's Kansas City market data come from?
This report aggregates quarterly industrial market data for Kansas City from Cushman & Wakefield, CBRE, Cbre, Newmark.