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 confidenceProjected 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 72–88% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q1 2026 | — | 7.4% | 2.0M SF | — | Cushman & Wakefield |
| Q1 2026 | $5.57/SF | — | — | — | CBRE |
| Q1 2026 | $5.57/SF | 7.4% | — | — | Cbre |
| Q4 2025 | $6.00/SF | — | 219K SF | — | Newmark |
| Q4 2025 | — | — | 0K SF | — | Cushman & Wakefield |
| Q3 2025 | — | — | 714K SF | 0K SF | Cushman & Wakefield |
| Q3 2025 | — | — | 1.2M SF | — | Newmark |
| Q2 2025 | — | — | 315K SF | — | Newmark |
| Q2 2025 | — | — | 0K SF | — | Cushman & Wakefield |
| Q1 2025 | — | — | 7.5M SF | — | Newmark |
| Q4 2024 | — | — | 740K SF | — | Newmark |
| Q3 2024 | — | — | 1.5M SF | — | Newmark |
| Q2 2024 | — | — | 2.3M SF | — | Newmark |
| Q3 2017 | $9.96/SF | 4.6% | 302K SF | — | Cushman & 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.
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