Industrial Properties in Kendall
Kendall is a census-designated place in Miami-Dade County about an 18-mile drive southwest of Downtown Miami. The community is mostly residential with supporting commercial developments such as strip malls, office buildings, and shopping center. There are a few pockets of industrial product, namely the Bird Road District, Tamiami Airport, Palmetto Bay, and Falls District.
The Bird Road District continues to undergo a transformation from more typical industrial uses to more retail and entertainment activities such as breweries and other creative uses similar to Wynwood. Tamiami Airport, renamed as Miami Executive Airport, is surrounded by warehouse product. Most of the industrial product is mainly street level, small bay, multi-tenanted properties. Some dock-high product exists in these areas, but it is not the typical structure, and it is usually the result of a specific user having a custom-building build for their specific needs. Most users are small businesses, trades, service providers and others. There is an opportunity for construction of larger, dock-high distribution spaces and options are very limited for a user looking for that type of space that is prevalent in Airport West and other submarkets.
Unlike the submarkets north of the Dolphin Expressway, there is not much institutional ownership of industrial properties in Kendall.
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%
Submarket Pros
Vast community with lots of convenient residential developments providing convenient housing for potential employees for your business. Good demand for commercial space thanks to the many families living in the area. Less crowded compared to the busy urban streets of Downtown Miami.
Submarket Cons
Business Parks in the area are outside of the Downtown District of Miami which is a 30-minute drive away from the city center.
Is it for me?
Who is this Submarket for
Buyers interested in commercial real estate in Kendall will want to take advantage of the many families living in the area. A good chunk of existing supply in the community is used for medical, retail, recreation, and commercial. There are also lots of business parks providing lots of opportunities for those looking to invest in rental office spaces. If you would like to get information on the area, please give us a call today.
Find Your Warehouse
Latest Warehouses For Sale in Kendall
$4,500,000
13701 147th Circle Ln SW
$1,400,000
13400 134th Ave SW 4-5-6
$1,200,000
13851 142nd Ave SW
$1,000,000
11861 144th Ct SW 2 & 3
$659,000
15075 137th St SW
$429,000
15075 137th St SW 4
Latest Warehouses For Lease in Kendall
$4,000/mo
13943 119th Ave SW 14
$3,000/mo
14280 142nd St SW 207
$2,700/mo
14055 143rd Ct SW 13
$2,200/mo
12252 131st Ave SW 1
$2,200/mo
12294 131st Ave SW 16
$2,100/mo
13230 132nd Ave SW B-4
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
| Businesses |
|---|
| Miami Dade College |
| ChenMed |
| Lexus of West Kendall |
| Baptist Hospital |
Business Parks
Business Parks in the Area
| Business Parks | Property Type |
|---|---|
| Coral Reef Medical Park | Medical Center |
| Dadeland West Executive Park | Office Space |
| Dadeland Office Park | Office Space |
| Kendall Summit Office Park | Office Space |
| Park West Business Center | Office Space |
| Lakeside Corporate Park | Office Space |
| Kendallwood Office Park | Office Space |
| Tamiami Industrial Park | Office Space |
| Deerwood Commerce Center | Industrial Business Park |
Business Parks
Shopping Malls and Nearby Landmarks
| Business Parks | Type |
|---|---|
| Killian Palms Country Club | Golf Club |
| Miami Dade College | University |
| Miami Executive Airport | Regional Airport |
| Kendall Indian Hammocks Park | Public Park |
| Dadeland Mall | Shopping Mall |
| Prado Shopping Center | Shopping Mall |
| The Falls | Shopping Mall |
| The Palms at Town & Country | Shopping Mall |
