central valley Industrial Market Report

By CREhunt Research · Data through Q1 2026 · Aggregated from JLL

Quarterly industrial market indicators for central valley, aggregated by CREhunt from JLL. As of Q1 2026, average asking rent was $8.28/SF/yr and vacancy was 10.2%, per JLL.

Projected current industrial pricing — central valley

Projected asking rent
$8.28/SF/yr
Estimated sale value
$71–$119/SF

Modeled estimate (income approach) shown as a range — not an appraisal. No market-specific cap rate is published for central valley 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 Q1 2026 JLL asking-rent data (benchmark cap rate 5.5%–7.5%, asking rent held flat). Assumes ~90% occupancy and a 72–88% net-operating-income margin.

QuarterAsking rentVacancyNet absorptionUnder constr.
Q1 2026
JLL
$8.28/SF/yr10.2%1.9M SF—

Frequently asked questions

What is the average asking rent for industrial space in central valley?
As of Q1 2026, the average asking rent for industrial space in central valley was $8.28/SF/yr, per JLL.
What is the industrial vacancy rate in central valley?
The industrial vacancy rate in central valley was 10.2% as of Q1 2026 (JLL).
Where does CREhunt's central valley market data come from?
This report aggregates quarterly industrial market data for central valley from JLL.