Warehouse and industrial rent in the Mountain West
Mountain West warehouse rent: 6 metros, $9.61 to $12.82 per square foot. Cushman & Wakefield Q1 2026 industrial asking rents.
From the metros listed below
Low, high, and median are calculated from the metro asking rents in the table. The median is unweighted. A midpoint that is not already a whole cent is rounded to the cent. None of the three is a Marketbeat regional rent.
- Lowest listed metro asking rent
- $9.61/sf/yr
- Highest listed metro asking rent
- $12.82/sf/yr
- Median of listed metro asking rents
- $10.56/sf/yr
Source / as of: Cushman & Wakefield, United States Industrial Marketbeat, Q1 2026 (preliminary). Overall weighted asking rent, NNN, all property types.
Q1 2026 metros
Mountain West on this page is the Marketbeat metros in Colorado, Idaho, Nevada, and Utah. The Marketbeat does not publish a Mountain West asking rent. It does publish a West overall asking rent of $12.79 per square foot, with West vacancy of 7.9%. That West figure also includes the West Coast metros and Arizona, so it is not a Mountain West rent. The lowest overall asking rent among these 6 metros is $9.61 per square foot in Salt Lake City, UT. The highest is $12.82 per square foot in Las Vegas, NV. The unweighted median of these listed metro asking rents is the midpoint of Denver, CO ($10.22) and Boise, ID ($10.89), which is $10.56 per square foot when rounded to the cent. It is derived from those rows and is not a Marketbeat regional rent. The national overall asking rent in that report is $10.20 per square foot, which is not a Mountain West rate. Vacancy in the table is each metro overall vacancy from the same report.
| Metro | Overall asking rent (NNN, $/sf/yr) | Vacancy |
|---|---|---|
| Boise, ID | $10.89 | 9.1% |
| Colorado Springs, CO | $11.99 | 6.2% |
| Denver, CO | $10.22 | 7.7% |
| Las Vegas, NV | $12.82 | 11.4% |
| Reno, NV | $9.77 | 13.4% |
| Salt Lake City, UT | $9.61 | 7.9% |
Source / as of: Cushman & Wakefield, United States Industrial Marketbeat, Q1 2026 (preliminary). Overall weighted asking rent, NNN, all property types.
State pages in this region
These states have two or more metros in the report, so each has a state page. A state page repeats those metro asking rents and does not publish a statewide rent. States with one metro in the report are linked from the table above and do not have a separate state page.
- Warehouse rent in Colorado (2 metros)
- Warehouse rent in Nevada (2 metros)
Other regions
- Warehouse rent in the Northeast (15 metros)
- Warehouse rent in the Midwest (13 metros)
- Warehouse rent in the Southeast (28 metros)
- Warehouse rent in the Southwest (8 metros)
- Warehouse rent on the West Coast (13 metros)