Industrial Properties in Wynwood

Wynwood is an upscale urban neighborhood in the northern part of the City of Miami, Florida. The submarket is directly north of Downtown Miami and west of the high-end residential developments in Edgewater. Borders of the area include I-195 to the north, NE 2nd Avenue to the east, NE 20th Street to the south, and I-95 to the west. It is well located logistically with easy access to I-95.

Wynwood is known for its art galleries, restaurants, and vibrant night life. It now also features well-developed commercial real estate, including a variety of retail, commercial, and office buildings. The neighborhood has not been a traditional industrial neighborhood for quite some time as the transformation has given rise to art galleries, street art, shops, retail, and so much more. There has been a lot of redevelopment and revitalization of this old industrial submarket. Older warehouse buildings are garnering prices quadruple or more of traditional warehouse properties. Users have long relocated from the market. With the demand for commercial real estate rising in the area, manufacturing companies in the region and other similar businesses have started moving out and into more affordable submarkets in Miami. The increase in price has also affected neighboring communities creating similar demand, especially to the west in Allapattah. For those interested in the area and looking to see available properties and up to date real estate market information, give us a call.

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

Wynwood offers an excellent location right next to upscale residential neighborhoods and the Downtown district of Miami. The area is a short drive away from the MIA and the Port of Miami. Upscale commercial real estate enjoys substantial foot traffic with lots of potential for commercial and retail establishments.

Submarket Cons

Wynwood is one of the most expensive submarkets in the region due to the demand for commercial real estate in the area.

Is it for me?

Who is this Submarket for

The area offers one of the cultural centers of the city known for its museums, galleries, retail, dining, events, and many other commercial establishments. Demand for real estate in the area is high, providing lots of upside for investments in the area. Wynwood is perfect for buyers looking to build equity or set up rental properties in the neighborhood.

Find Your Warehouse

Latest Warehouses For Sale in Wynwood

Latest Warehouses For Lease in Wynwood

15
Pending

$12,000/mo

564 24th St NW

Miami, FL, 33127
MLS#A11025074
1
Active

$20/mo

559 28 ST NW

Miami, FL, 33127
MLS#A10760035
5
Active

$20/mo

571 29th St NW

Miami, FL, 33127
MLS#A10768829
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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
Target
Business Parks

Business Parks in the Area

Business ParksProperty Type
The Wynwood BuildingOffice Space
The Atrium TracksideCommercial Space
Cube WynwoodOffice Space
The Wynwood GarageOffice Space
Business Parks

Shopping Malls and Nearby Landmarks

Business ParksType
The Shops at Midtown MiamiShopping Mall
Mana Wynwood Convention CenterConvention Center
Roberto Clemente ParkPublic Park
Wynwood WallsOutdoor Art Museum
On the map

Wynwood Map

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