Industrial Properties in Miramar
The city of Miramar is a master-planned bedroom community designed to serve the major urban centers of Miami and Fort Lauderdale. The town is to the northwest of Downtown Miami south of Pembroke Pines, and northwest of Miami Gardens. The neighborhood is bordered to the east by S State Road 7 and extends west until US Highway 27. Development of the region has been well-executed.
Most of the properties in this industrial submarket are owned by institutions and therefore are mostly for lease. Bridge Developers and SunBeam Corporation dominate this submarket. Major highways that pass through the submarket include I-75 and the Florida Turnpike. The district is also a short drive away from Miami-Opa Locka Executive Airport and the North Perry Airport. While the submarket garners great lease rates for landlord, the properties are Class-A and well located to serve both the Broward County and Miami-Dade markets. If you’re interested in the area and would like to get more information on available industrial real estate, please contact our team today.
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%
Broward County Industrial Statistics
Total Square Feet Inventory
137,000,000 SF
Average Sale Price
$159 psf
Under Construction
2,900,000 SF
Market Rent
$13.17 psf
Vacancy Rate
7.4%
Submarket Pros
Lots of family-friendly residential neighborhoods providing convenient housing options to businesses looking to move into the area. A significant number of skilled labor readily available in the community. The region also boasts relatively short travel distance from Miami, Fort Lauderdale, and other notable business centers along the eastern coast of the county.
Submarket Cons
Most of the industrial real estate in Miramar is institutionally owned so most users will only have the option to lease in the area. There is a lack of opportunity for ownership.
Is it for me?
Who is this Submarket for
Miramar is perfect for tenants looking for well-located distribution facilities to service both Miami and Broward County. The market is best for users who prefer the flexibility of leasing their facility.
Find Your Warehouse
Latest Warehouses For Sale in Miramar
$890,000
1901 100th Ter SW
Latest Warehouses For Lease in Miramar
$17.95/mo
10479 Commerce Pkwy N
$15.95/mo
9954 Premier Pkwy
$15/mo
6236 MIRAMAR PW
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 |
|---|
| Humana |
| Siemens |
| Spirit Airlines |
| Stanley Black and Decker |
| Southern Glazer’s Wine and Spirits |
Business Parks
Business Parks in the Area
| Business Parks | Property Type |
|---|---|
| Miramar Park of Commerce | Business Park |
| Bridgepoint Miramar | Business Park |
Business Parks
Shopping Malls and Nearby Landmarks
| Business Parks | Type |
|---|---|
| Opa-Locka Airport | Regional Airport |
| Opa Locka Hialeah Flea Market | Public Market |
| Ingram Park | Public Park |
| Public Park | Airport |
