Rowan County Industrial Market Pulse

Reporting period: Q1 2026

17.7%

Vacancy Rate

$6.90/SF

Asking Rent

3.2M SF

Net Absorption

26.1M SF

Inventory

Market Summary

Rowan County recorded 17.7% industrial vacancy while absorbing 3.2 million square feet over the trailing year. The elevated vacancy reflects a major wave of new supply, while continued rent growth and strong absorption show that demand remained active.