Market Data
Flex space market insights across 25 US markets
Avg Rental Rate
$0.96/sqft/mo
Across all markets
Avg Construction Cost
$92/sqft
National average
Avg Vacancy Rate
5.7%
Strong demand
Market Explorer
Search and filter flex space markets
All MarketsTier 1Tier 2
Phoenix, AZ
Tier 1Rent Rate$1.15/sqft/mo
Construction$105/sqft
Land Cost$6/sqft
Vacancy4.2%
Dallas, TX
Tier 1Rent Rate$1.05/sqft/mo
Construction$95/sqft
Land Cost$5/sqft
Vacancy5.1%
Atlanta, GA
Tier 1Rent Rate$0.95/sqft/mo
Construction$90/sqft
Land Cost$4/sqft
Vacancy6.3%
Austin, TX
Tier 1Rent Rate$1.25/sqft/mo
Construction$110/sqft
Land Cost$8/sqft
Vacancy3.8%
Charlotte, NC
Tier 1Rent Rate$0.9/sqft/mo
Construction$85/sqft
Land Cost$4/sqft
Vacancy5.7%
Nashville, TN
Tier 1Rent Rate$1/sqft/mo
Construction$95/sqft
Land Cost$6/sqft
Vacancy4.9%
Tampa, FL
Tier 1Rent Rate$1.1/sqft/mo
Construction$100/sqft
Land Cost$7/sqft
Vacancy4.5%
Denver, CO
Tier 1Rent Rate$1.2/sqft/mo
Construction$115/sqft
Land Cost$10/sqft
Vacancy4.1%
Los Angeles, CA
Tier 1Rent Rate$1.45/sqft/mo
Construction$135/sqft
Land Cost$12/sqft
Vacancy3.2%
Seattle, WA
Tier 1Rent Rate$1.35/sqft/mo
Construction$125/sqft
Land Cost$11/sqft
Vacancy3.6%
Indianapolis, IN
Tier 2Rent Rate$0.75/sqft/mo
Construction$75/sqft
Land Cost$3/sqft
Vacancy7.2%
Columbus, OH
Tier 2Rent Rate$0.8/sqft/mo
Construction$80/sqft
Land Cost$3.5/sqft
Vacancy6.8%
Kansas City, MO
Tier 2Rent Rate$0.7/sqft/mo
Construction$70/sqft
Land Cost$2.5/sqft
Vacancy7.5%
Oklahoma City, OK
Tier 2Rent Rate$0.65/sqft/mo
Construction$65/sqft
Land Cost$2/sqft
Vacancy8.1%
Memphis, TN
Tier 2Rent Rate$0.68/sqft/mo
Construction$68/sqft
Land Cost$2.2/sqft
Vacancy7.9%
Louisville, KY
Tier 2Rent Rate$0.72/sqft/mo
Construction$72/sqft
Land Cost$2.8/sqft
Vacancy7.3%
Jacksonville, FL
Tier 2Rent Rate$0.85/sqft/mo
Construction$82/sqft
Land Cost$3.8/sqft
Vacancy6.5%
San Antonio, TX
Tier 2Rent Rate$0.78/sqft/mo
Construction$78/sqft
Land Cost$3.2/sqft
Vacancy6.9%
Raleigh, NC
Tier 1Rent Rate$0.95/sqft/mo
Construction$90/sqft
Land Cost$5/sqft
Vacancy5.4%
Salt Lake City, UT
Tier 1Rent Rate$1.05/sqft/mo
Construction$98/sqft
Land Cost$6/sqft
Vacancy4.8%
Portland, OR
Tier 1Rent Rate$1.15/sqft/mo
Construction$108/sqft
Land Cost$8/sqft
Vacancy4.3%
Minneapolis, MN
Tier 1Rent Rate$0.95/sqft/mo
Construction$92/sqft
Land Cost$5/sqft
Vacancy5.6%
Las Vegas, NV
Tier 1Rent Rate$1/sqft/mo
Construction$95/sqft
Land Cost$5.5/sqft
Vacancy5.2%
Tucson, AZ
Tier 2Rent Rate$0.8/sqft/mo
Construction$78/sqft
Land Cost$3/sqft
Vacancy7.1%
Boise, ID
Tier 2Rent Rate$0.88/sqft/mo
Construction$85/sqft
Land Cost$4/sqft
Vacancy6.2%