Mobile Industrial Market Report
By CREhunt Research · Data through Q4 2024 · Aggregated from Cushman & Wakefield, Colliers
Quarterly industrial market indicators for Mobile, aggregated by CREhunt from Cushman & Wakefield, Colliers. As of Q4 2024, average asking rent was $8.88/SF/yr and vacancy was 17.1%, per Cushman & Wakefield.
Projected current industrial pricing — Mobile
Modeled estimate (income approach) shown as a range — not an appraisal. No market-specific cap rate is published for Mobile 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 2024 Cushman & Wakefield asking-rent data (benchmark cap rate 5.5%–7.5%, asking rent held flat). Assumes ~83% occupancy and a 72–88% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q4 2024 Cushman & Wakefield | $8.88/SF/yr | 17.1% | 2 SF | — | Cushman & Wakefield |
| Q4 2023 Colliers | — | 3.7% | 200.0M SF | — | Colliers |
| Q4 2021 Cushman & Wakefield | — | 5.5% | 181K SF | — | Cushman & Wakefield |
Frequently asked questions
- What is the average asking rent for industrial space in Mobile?
- As of Q4 2024, the average asking rent for industrial space in Mobile was $8.88/SF/yr, per Cushman & Wakefield.
- What is the industrial vacancy rate in Mobile?
- The industrial vacancy rate in Mobile was 17.1% as of Q4 2024 (Cushman & Wakefield).
- Where does CREhunt's Mobile market data come from?
- This report aggregates quarterly industrial market data for Mobile from Cushman & Wakefield, Colliers.