Jacksonville Industrial Market Report
By CREhunt Research · Data through Q2 2026 · Aggregated from CBRE, Matthews, Cushman & Wakefield
Quarterly industrial market indicators for Jacksonville, aggregated by CREhunt from CBRE, Matthews, Cushman & Wakefield. As of Q2 2026, average asking rent was $8.72/SF/yr and vacancy was 10.9%, per CBRE.
Projected current industrial pricing — Jacksonville
Modeled estimate (income approach) shown as a range — not an appraisal. No market-specific cap rate is published for Jacksonville 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 Q2 2026 CBRE asking-rent data (benchmark cap rate 5.5%–7.5%, asking rent trend-adjusted to today). Assumes ~89% occupancy and a 72–88% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q2 2026 CBRE | $8.72/SF/yr | 10.9% | — | — | CBRE |
| Q1 2026 CBRE | — | — | — | 110K SF | CBRE |
| Q1 2026 Matthews | $10.11/SF/yr | 10.2% | — | — | Matthews |
| Q1 2026 Cushman & Wakefield | $7.97/SF/yr | 10.6% | 314K SF | 51 SF | Cushman & Wakefield |
| Q4 2025 Cushman & Wakefield | $8.25/SF/yr | 10.8% | — | 72 SF | Cushman & Wakefield |
| Q3 2025 Cushman & Wakefield | $8.11/SF/yr | 8.5% | — | 6 SF | Cushman & Wakefield |
| Q2 2025 Cushman & Wakefield | $7.84/SF/yr | 7.6% | — | 22 SF | Cushman & Wakefield |
| Q4 2020 Cushman & Wakefield | $5.05/SF/yr | 6.6% | 2.1M SF | 30 SF | Cushman & Wakefield |
| Q3 2020 Cushman & Wakefield | $5.07/SF/yr | 6.9% | 1.5M SF | 75 SF | Cushman & Wakefield |
| Q2 2020 Cushman & Wakefield | $5.33/SF/yr | 6.1% | — | 82 SF | Cushman & Wakefield |
| Q1 2020 Cushman & Wakefield | $4.44/SF/yr | 6.8% | -238K SF | — | Cushman & Wakefield |
Industrial asking rents by submarket
The newest asking rent a named brokerage's report published for each Jacksonville industrial submarket, with its publisher and quarter. Submarkets whose newest figure cannot be attributed, or falls outside a plausible range, are left out.
| Submarket | Asking rent | Source |
|---|---|---|
| Beaches | $14.00/SF/yr CBRE · Q2 2026 | CBRE, Q2 2026 |
| CBD | $11.20/SF/yr Cushman & Wakefield · Q1 2026 | Cushman & Wakefield, Q1 2026 |
| Clay County | $10.83/SF/yr CBRE · Q1 2026 | CBRE, Q1 2026 |
| Northside | $8.62/SF/yr CBRE · Q1 2026 | CBRE, Q1 2026 |
| Orange Park/Clay County | $7.50/SF/yr Cushman & Wakefield · Q1 2026 | Cushman & Wakefield, Q1 2026 |
| Southside | $10.22/SF/yr CBRE · Q1 2026 | CBRE, Q1 2026 |
| St. Johns County | $9.46/SF/yr CBRE · Q1 2026 | CBRE, Q1 2026 |
| Westside | $7.63/SF/yr CBRE · Q1 2026 | CBRE, Q1 2026 |
Frequently asked questions
- What is the average asking rent for industrial space in Jacksonville?
- As of Q2 2026, the average asking rent for industrial space in Jacksonville was $8.72/SF/yr, per CBRE.
- What is the industrial vacancy rate in Jacksonville?
- The industrial vacancy rate in Jacksonville was 10.9% as of Q2 2026 (CBRE).
- Where does CREhunt's Jacksonville market data come from?
- This report aggregates quarterly industrial market data for Jacksonville from CBRE, Matthews, Cushman & Wakefield.