raleigh durham Industrial Market Report
By CREhunt Research · Data through Q1 2026 · Aggregated from JLL
Quarterly industrial market indicators for raleigh durham, aggregated by CREhunt from JLL. As of Q1 2026, average asking rent was $8.64/SF/yr and vacancy was 9.2%, per JLL.
Projected current industrial pricing — raleigh durham
Modeled estimate (income approach) shown as a range — not an appraisal. No market-specific cap rate is published for raleigh durham 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 ~91% occupancy and a 72–88% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q1 2026 JLL | $8.64/SF/yr | 9.2% | 169K SF | — | JLL |
Industrial asking rents by submarket
The newest asking rent a named brokerage's report published for each raleigh durham 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 |
|---|---|---|
| Cary | $19.04/SF/yr CBRE · Q1 2026 | CBRE, Q1 2026 |
| Chapel Hill/Orange County | $9.41/SF/yr CBRE · Q1 2026 | CBRE, Q1 2026 |
| Eastern Wake County | $11.12/SF/yr CBRE · Q1 2026 | CBRE, Q1 2026 |
| Franklin County | $11.04/SF/yr CBRE · Q1 2026 | CBRE, Q1 2026 |
| Granville County | $7.14/SF/yr CBRE · Q1 2026 | CBRE, Q1 2026 |
| Johnston County | $13.18/SF/yr CBRE · Q1 2026 | CBRE, Q1 2026 |
| North Durham | $10.76/SF/yr CBRE · Q1 2026 | CBRE, Q1 2026 |
| RTP/I-40 Corridor | $13.63/SF/yr CBRE · Q1 2026 | CBRE, Q1 2026 |
| Six Forks/Falls of Neuse Road | $10.42/SF/yr CBRE · Q1 2026 | CBRE, Q1 2026 |
| South Durham | $16.65/SF/yr CBRE · Q1 2026 | CBRE, Q1 2026 |
| Southern Wake County | $10.90/SF/yr CBRE · Q1 2026 | CBRE, Q1 2026 |
| US 1/Capital Boulevard | $16.24/SF/yr CBRE · Q1 2026 | CBRE, Q1 2026 |
| US 1/Highway 64 West | $7.64/SF/yr CBRE · Q1 2026 | CBRE, Q1 2026 |
| US 70/Glenwood Avenue | $15.81/SF/yr CBRE · Q1 2026 | CBRE, Q1 2026 |
| West Raleigh | $18.45/SF/yr CBRE · Q1 2026 | CBRE, Q1 2026 |
Frequently asked questions
- What is the average asking rent for industrial space in raleigh durham?
- As of Q1 2026, the average asking rent for industrial space in raleigh durham was $8.64/SF/yr, per JLL.
- What is the industrial vacancy rate in raleigh durham?
- The industrial vacancy rate in raleigh durham was 9.2% as of Q1 2026 (JLL).
- Where does CREhunt's raleigh durham market data come from?
- This report aggregates quarterly industrial market data for raleigh durham from JLL.