Little Rock Industrial Market Report

By PropZone Research · Data through Q4 2023 · Aggregated from Colliers, Cushman & Wakefield

Quarterly industrial market indicators for Little Rock, aggregated by PropZone from Colliers, Cushman & Wakefield. As of Q4 2023, average asking rent was $13.68/SF with a 4.8% vacancy rate.

Projected current industrial pricing — Little Rock

indicative confidence
Projected asking rent
$13.68/SF/yr
Estimated sale value
$129–$208/SF

Modeled estimate (income approach) shown as a range — not an appraisal. No market-specific cap rate is published for Little Rock industrial yet, so this applies the typical cap rate across comparable industrial markets — treat it as a rough, indicative range that sharpens as sourced cap rates arrive. Projected asking rent × occupancy × net-operating-income margin band ÷ a benchmark cap rate, from Q4 2023 asking-rent data (benchmark cap rate 5.5%–7.3%, asking rent held flat). Assumes ~95% occupancy and a 7288% net-operating-income margin.

QuarterAsking rentVacancyNet absorptionUnder constr.Source
Q4 2023$13.68/SF4.8%233K SFColliers
Q4 2022$14.40/SF5.1%Cushman & Wakefield
Q4 2019$4.80/SF2.2%Cushman & Wakefield

Frequently asked questions

What is the average asking rent for industrial space in Little Rock?
As of Q4 2023, the average asking rent for industrial space in Little Rock was $13.68/SF, per Colliers.
What is the industrial vacancy rate in Little Rock?
The industrial vacancy rate in Little Rock was 4.8% as of Q4 2023 (Colliers).
Where does PropZone's Little Rock market data come from?
This report aggregates quarterly industrial market data for Little Rock from Colliers, Cushman & Wakefield.