Industrial Properties in Little River
Little River is a small neighborhood on the northern edge of the city of Miami, Florida. The community got its namesake from the small river running along the north edge of the suburb. The district features a good mix of retail, commercial, and industrial use properties. The industrial submarket is bordered by NW 79th Street to the north, Biscayne Boulevard to the east, NE 61st Street to the south, and NW 17th Avenue to the west. The fastest route to get to Downtown Miami from Little River is via the I-95, which takes about 10 minutes. To get to the Port of Miami, you’ll take around 15 minutes, making a similar route. Little River also has easy access to the 112 expressway via I-95 and into Miami International.
Historically, the industrial buildings in the area were used for traditional uses. The submarket is in the midst of a big change towards older warehouses being repurposed and converted into galleries, bars, restaurants, breweries, studios, showrooms, and more. New commercials developments are being planned and considered in the area in large part due to the Magic City Innovation District initiative. The goal of Magic City is to transform Little Haiti into a walkable, campus-like neighborhood to live, work, play and learn together. Due to the shift in demand in the submarket and industrial properties being converted, sale and lease rates have seen a consistent increase outside the norms of industrial in the County.
With the rise of e-commerce, there is still opportunity for smaller last mile distribution industrial product in this submarket because of its great logistical access along I-95.
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Who is this Submarket for
Little River’s commercial and industrial sections are perfect for those looking for a location that has easy access to the markets along I-95 and the population centers along the eatern coast of the City of Miami. Several highways connect the area to Downtown Miami, the Aiport and Seaport, and north to Broward County.
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