Industrial Properties in East Hialeah

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.