Kansas City Industrial Market Report
By CREhunt Research · Data through Q2 2026 · Aggregated from CBRE, Cushman & Wakefield, JLL, Newmark
Quarterly industrial market indicators for Kansas City, aggregated by CREhunt from CBRE, Cushman & Wakefield, JLL, Newmark. As of Q2 2026, average asking rent was $5.57/SF/yr and vacancy was 4.5%, per CBRE.
Projected current industrial pricing — Kansas City
Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q2 2026 multiple brokerages data (cap rate 6.5%, asking rent trend-adjusted to today). Assumes ~92% occupancy (vacancy not reported) and a 72–88% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q2 2026 CBRE | $5.57/SF/yr | 4.5% | 1.7M SF | — | CBRE |
| Q2 2026 Cushman & Wakefield | $5.74/SF/yr | 5.3% | — | — | Cushman & Wakefield |
| Q1 2026 CBRE | $5.57/SF/yr | 7.4% | — | — | CBRE |
| Q1 2026 Cushman & Wakefield | — | 7.4% | 2.0M SF | — | Cushman & Wakefield |
| Q1 2026 CBRE | $5.57/SF/yr | — | — | — | CBRE |
| Q1 2026 JLL | $5.74/SF/yr | 6.1% | — | — | JLL |
| Q4 2025 Cushman & Wakefield | $5.46/SF/yr | 6.2% | 11.8M SF | — | Cushman & Wakefield |
| Q4 2025 Newmark | $6.00/SF/yr | 5.0% | 219K SF | — | Newmark |
| Q3 2025 Cushman & Wakefield | — | — | 714K SF | 1 SF | Cushman & Wakefield |
| Q3 2025 Newmark | — | 4.9% | 1.2M SF | — | Newmark |
| Q2 2025 Newmark | — | 5.1% | 315K SF | — | Newmark |
| Q2 2025 Cushman & Wakefield | $5.44/SF/yr | 6.1% | 7.7M SF | — | Cushman & Wakefield |
| Q1 2025 Newmark | — | 4.6% | 7.5M SF | — | Newmark |
| Q4 2024 Newmark | $6.09/SF/yr | 5.4% | 740K SF | — | Newmark |
| Q3 2024 Newmark | $6.06/SF/yr | 5.4% | 1.5M SF | — | Newmark |
| Q2 2024 Newmark | — | 5.5% | 2.3M SF | — | Newmark |
| Q3 2017 Cushman & Wakefield | $9.96/SF/yr | 4.6% | 302K SF | — | Cushman & Wakefield |
Industrial asking rents by submarket
The newest asking rent a named brokerage's report published for each Kansas City 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 |
|---|---|---|
| Clay | $5.19/SF/yr CBRE · Q2 2026 | CBRE, Q2 2026 |
| Executive Park / Northland Park | $5.84/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| Jackson | $4.70/SF/yr CBRE · Q2 2026 | CBRE, Q2 2026 |
| Jackson County | $5.67/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| Johnson | $6.78/SF/yr CBRE · Q2 2026 | CBRE, Q2 2026 |
| Johnson County | $8.74/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| KCI | $5.25/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| n/a Riverside | $8.41/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| North Kansas City | $4.05/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| Northland | $13.76/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| Platte | $6.33/SF/yr CBRE · Q2 2026 | CBRE, Q2 2026 |
| Wyandotte | $5.43/SF/yr CBRE · Q2 2026 | CBRE, Q2 2026 |
| Wyandotte County | $5.78/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
How the brokerage sources compare
For Q2 2026, the brokerages CREhunt aggregates for Kansas City industrial did not fully agree. On vacancy, the sources span 0.8 points — from 4.5% (CBRE) to 5.3% (Cushman & Wakefield). Asking-rent estimates differ by $0.17/SF/yr — from $5.57/SF/yr to $5.74/SF/yr. CREhunt reconciles these into a single consensus median rather than relying on any one brokerage.
| Source | Vacancy | Asking rent | Cap rate |
|---|---|---|---|
| Cushman & Wakefield | 5.3% | $5.74/SF/yr | — |
| CBRE | 4.5% | $5.57/SF/yr | — |
Per-brokerage figures for Q2 2026, aggregated from published brokerage market reports.
Frequently asked questions
- What is the average asking rent for industrial space in Kansas City?
- As of Q2 2026, the average asking rent for industrial space in Kansas City was $5.57/SF/yr, per CBRE.
- What is the industrial vacancy rate in Kansas City?
- The industrial vacancy rate in Kansas City was 4.5% as of Q2 2026 (CBRE).
- Where does CREhunt's Kansas City market data come from?
- This report aggregates quarterly industrial market data for Kansas City from CBRE, Cushman & Wakefield, JLL, Newmark.
- How much do brokerage estimates differ for industrial space in Kansas City?
- For Q2 2026, the brokerage sources CREhunt aggregates for Kansas City did not fully agree. On vacancy, the sources span 0.8 points — from 4.5% (CBRE) to 5.3% (Cushman & Wakefield). Asking-rent estimates differ by $0.17/SF/yr — from $5.57/SF/yr to $5.74/SF/yr. CREhunt reconciles these into a single consensus median rather than relying on any one brokerage.