Industrial Properties in East Hialeah
East Hialeah, as the name implies, is the eastern part of the city of Hialeah in Miami-Dade County, Florida. As far as industrial real estate is concerned, it is convenient to split Hialeah into its East and West districts via the Palmetto Expressway, which runs along the central portion of the community. The city was incorporated in 1925 and ranks as the sixth-largest city in Florida.
East Hialeah is centrally located within the County and has great access to all areas of the County. Users who do business with the Port of Miami or who need easy access to the large population centers in the eastern part of Miami-Dade County will prefer this submarket, especially as the market continues to see more infill development. East Hialeah’s best feature may be the availability of the skilled labor within close proximity as Hialeah has one of the best workforces in the County.
East Hialeah features mostly older properties built in the 1950s and 1960s that has historically has primarily been used for manufacturing. These buildings are street-level structures with lower ceilings. Other warehouses in the region are large bulk storage facilities with minimal improvements that can be used for dead storage or distribution.
It is the most cost-effective submarket in Miami-Dade County. However, sales and lease rates have almost doubled over the past five to seven years and it is catching up to the rest of the market. Many smaller scale operations in the area are being forced to move or being put out of business due to the large growth in rents, and there is not a lower cost area to relocate to in Miami.
With the rise of e-commerce and the need for more last-mile delivery, there has been more interest in this area as it is the closest submarket to the bulk of the population in Miami. Even Amazon now has a footprint in the market. There are a lot of opportunities in this submarket for savvy investors with some vision.
Market Overview
Miami Industrial Real Estate Statistics
Total Square Feet Inventory
250,000,000 SF
Average Sale Price
$157 psf
Under Construction
4,000,000 SF
Market Rent
$12.61 psf
Vacancy Rate
6.1%
Hialeah Industrial Statistics
Total Square Feet Inventory
31,900,000 SF
Average Sale Price
$113 psf
Under Construction
203,000 SF
Market Rent
$9.23 psf
Vacancy Rate
5.6%
Submarket Pros
Located in the heart of Miami-Dade County, Hialeah has great access to all areas of the County and transportation hubs in the region. The area is a short drive away from both the Port of Miami and the Miami International Airport. Both the CSX and FEC railways run throughout the submarket. Fantastic work force for manufacturing. Great location for last mile delivery.
Submarket Cons
The industrial supply in East Hialeah is older product with lower ceilings. Asking lease rates have closed in on other submarkets after historically being much lower. Many buildings in the area do not have the parking and loading that newer construction features.
Is it for me?
Who is this Submarket for
East Hialeah and Hialeah, in general, is one of the most affordable commercial real estate markets in the region. The location provides lots of upside for businesses looking to save money on transportation costs. With the increasing demand from e-commerce businesses for last-mile delivery needs, there has been increased interest in the area. The East Hialeah submarket features a bulk of the population of Miami and is an excellent place for those looking to set up warehouse servicing and delivery businesses.
Find Your Warehouse
Latest Warehouses For Sale in East Hialeah
$6,499,999
1040 26th Street E
$4,860,000
3545 71st St NW
$3,500,000
765 16th St W
$3,348,480
3990 10th Ct E
$3,000,000
3780 52nd St NW
$2,199,000
206 21st St W
Latest Warehouses For Lease in East Hialeah
$17,920/mo
3990 10th Ct E
$10,416.67/mo
7621 37 Ave NW
$5,200/mo
4335 10th Ave E
$5,000/mo
3700 79th St NW
$10.50/mo
2974 North River Dr NW
$9.50/mo
3797 46th St NW
Take the next step
Ready to take the next step?
Whether it’s investing in a new existing property, selling your existing property for top dollar, looking for land for new construction, researching available properties, or leasing a facility, our team is ready to help to take your business to the next level. Please feel free to reach out to our team for any commercial or industrial real estate questions today!
Meet the Locals
Who Lives in Miami-Dade County, Florida
Population
2,794,990
Median Age
40.7
Median Household Income
$53,537
Cost of Living Index Score
123.1
Bachelor's Degree or Higher
28.78%
Poverty Rate
14.26%
Nearby
Neighboring Businesses
Business Parks
Business Parks in the Area
Business Parks | Property Type |
---|---|
Lincoln’s Miami Axis Park | Business Center |
Business Parks
Shopping Malls and Nearby Landmarks
Business Parks | Type |
---|---|
Hialeah Park Racing & Casino | Gambling |
Westland Mall | Shopping Mall |