Industrial Properties in Miami Lakes
Miami Lakes is a masterfully planned town directly north of the city of Hialeah in Miami-Dade County, Florida. The suburb is bounded by NW 170th Street and NW 167th Street to the north, Red Road to the east, the Gratigny Expressway to the south, and I-75 to the west and south. While recently incorporated as a City, the community was developed beginning in 1962 by the Graham Family. The development continues to this day and features significant industrial properties along with apartment buildings, shopping centers, office buildings, and various family-friendly urban amenities.
Many industrial buildings in the area feature heavy power and excellent parking ratios. Industrial users interested in setting up a manufacturing production line or similar businesses will find these properties quite attractive. Miami Lakes in also in close proximity to Opa-Locka Airport, which is a general aviation reliever airport to Miami international. It is a smaller airport that is well located logistically. Many privately chartered or owned jets chose to fly in and out of Opa-Locka.
New construction in the submarket includes Bridge Pointe Ave. For those looking for an already established Class-A business park. Look no further than Ave Commerce Center.
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%
Miami Lakes Industrial Statistics
Total Square Feet Inventory
12,100,000 SF
Average Sale Price
$128 psf
Under Construction
0 SF
Market Rent
$11.41 psf
Vacancy Rate
4.2%
Submarket Pros
The industrial properties in the area typically have great parking and heavy power. The labor force in the region is highly skilled, with lots of residential areas and nearby communities with skilled workers. The submarket is directly west of the Miami - Opa Locka Executive Airport and connected to major highways.
Submarket Cons
The suburb is in the northwestern part of the county and is a 20-mile drive from Downtown Miami and a 15-mile drive from the Miami International Airport.
Is it for me?
Who is this Submarket for
Miami Lakes provides a fantastic location for businesses looking to own or lease industrial properties in a safe, suburban area of Miami. It is ideal for high-end manufacturing as well as user who prefer to be closer to locations of importance in Broward County. There is great access to the tri-County area from Miami Lakes.
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Latest Warehouses For Sale in Miami Lakes
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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 |
|---|
| Cordis |
| Miami International Freight Solutions |
| Belzona |
| Caterpillar |
| Mason Vitamins |
Business Parks
Business Parks in the Area
| Business Parks | Property Type |
|---|---|
| Miami Lakes Research & Industrial Park | Industrial - Warehouse / Distribution |
| Sabal Square Business Park | Industrial - Mixed-Use |
| Bridge Pointe Ave | Industrial - Warehouse / Distribution |
| Miami Lakes Office Park | Office Space |
| Miami Lakes Office Center | Office Space |
| Miami Lakes Business Park | Office Space |
| Parkside Corporate Center | Office Space |
Business Parks
Shopping Malls and Nearby Landmarks
| Business Parks | Type |
|---|---|
| Miami Lakes Optimist Park | Public Park |
| Shula's Golf Club | Golf Club |
| Main Street Shopping Center | Shopping Mall |
| Royal Oaks Plaza | Shopping Mall |
| Park Centre Shops | Shopping Mall |
| Cypress Village Shopping Center | Shopping Mall |
| Royal Gardens Plaza | Shopping Mall |
| Opa Locka Airport | Airport |
