Las Vegas Industrial Market Report
By CREhunt Research · Data through Q2 2026 · Aggregated from Cushman & Wakefield, Colliers, CBRE, CBRE
Quarterly industrial market indicators for Las Vegas, aggregated by CREhunt from Cushman & Wakefield, Colliers, CBRE, CBRE. As of Q1 2026, average asking rent was — with a 9.2% vacancy rate.
Projected current industrial pricing — Las Vegas
Projected asking rent
$14.40/SF/yr
Estimated sale value
$173–$212/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 5.5%, asking rent held flat). 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 | — | — | 0K SF | — | Cushman & Wakefield |
| Q1 2026 | — | 9.2% | 378K SF | — | Colliers |
| Q1 2026 | $14.40/SF | — | — | — | CBRE |
| Q1 2026 | $14.40/SF | 3.2% | 2K SF | — | CBRE |
| Q1 2026 | — | 2.0% | 2K SF | — | Cushman & Wakefield |
| Q4 2025 | — | — | 2K SF | — | Cushman & Wakefield |
| Q3 2025 | — | 11.6% | 0K SF | — | Cushman & Wakefield |
| Q2 2025 | $34.80/SF | 3.2% | 0K SF | — | Cushman & Wakefield |
| Q3 2019 | $6.96/SF | 4.5% | 3.1M SF | — | Cushman & Wakefield |
| Q3 2017 | — | 8.1% | 4K SF | — | Colliers |
Frequently asked questions
- What is the average asking rent for industrial space in Las Vegas?
- CREhunt aggregates industrial asking-rent data for Las Vegas from major brokerage market reports; see the quarterly table for the latest available figures.
- What is the industrial vacancy rate in Las Vegas?
- The industrial vacancy rate in Las Vegas was 9.2% as of Q1 2026 (Colliers).
- Where does CREhunt's Las Vegas market data come from?
- This report aggregates quarterly industrial market data for Las Vegas from Cushman & Wakefield, Colliers, CBRE, CBRE.
Looking for active inventory? Browse industrial listings, read how to buy industrial property, see interactive market trends, or estimate a property's rent or price.