Industrial Insights V1 2023 FINAL LR - Flipbook - Page 9
AVERAGE LEASE RATE BY BUILDING SIZE:
0 - 10,000 SF
RATE: $12.94/NNN
TYPE: Small Flex
TENANTS: Local Service Businesses,
Retail Showroom, Office Uses
10,000 - 50,000 SF
RATE: $9.89/NNN
TYPE: Flex
TENANTS: Service Businesses, Retail
Showroom
50,000 - 100,000 SF
RATE: $9.83/NNN
TYPE: Industrial
TENANTS: Third Party Logistics,
Manufacturing, E-Commerce
100,000 - 200,000 SF
RATE: $7.57/NNN
TYPE: Industrial
TENANTS: Third Party Logistics,
Manufacturing, E-Commerce
200,000 SF +
RATE: $7.01/NNN
TYPE: Big Box Industrial
TENANTS: Third Party Logistics,
Manufacturing, E-Commerce
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