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East Hialeah, Florida, Commercial Submarket

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East Hialeah, Florida, Commercial Submarket

Submarket Information

East Hialeah is the eastern section of the city of Hialeah, Florida, split from the western part of the city via the Palmetto Expressway. The city, which was incorporated in 1925, serves as the sixth-largest population center in the county. The city has easy access to both metropolitan centers in Ft Lauderdale and Miami, making it an excellent investment option for businesses looking to service both regions. Planned development in the region has kept up with the growing demand for commercial real estate. Buyers and renters will find fantastic property options throughout the city, creating ample opportunities for parties interested in the area.

Available real estate in the East Hialeah submarket are mostly older manufacturing structures built in the 1950s and 1960s. Although primarily used for manufacturing, many of these buildings have been repurposed for more modern uses. Warehouses are also plentiful in the area, with the majority of options being large bulk storage facilities perfect for dead storage and distribution. Although a lot more affordable than most submarkets in the region, the ever increasing demand for commercial real estate is significantly changing this area's overall nature. Many smaller-scale operations renting in the region have had to move as more and more businesses move into the submarket, increasing the overall rental average in the region.

If you're interested in the area and would like to get more information on available commercial real estate, please feel free to contact our team today. We would be glad to represent you in your transaction and help you find properties that best suit your business needs and budget.

Check out our website at https://patmcbride.com/.

 

Business and Industrial Parks

East Hialeah Submarket Property Type
Lincoln’s Miami Axis Park Business Center

Check out our website at https://patmcbride.com/.

Miami, FL Market Report:

Total Square Feet Inventory: 250,000,000 SF
Average Sale Price Per Sqft: $157 PSF
Under Construction: 4,000,000 SF
Market Rent: $12.61 psf
Vacancy Rate: 6.1%

Miami-Dade County, Florida Community Report:

Population: 2,794,990
Average Household Income: $53,537
Median Age: 40.7
Cost of Living Index Score: 123.1

If you would like to receive a FREE Competitive Market Analysis, contact me today.

Let Me Help You Find Your Miami, FL Commercial Property!

If you are a buyer, it is essential to have the assistance of a Buyer's Agent to represent you during the transaction. If you need additional help or would like to schedule a showing, contact our office at 305-619-2937

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POSTED BY
Miami Warehouses For Sale
Pat McBride
305-619-2937
8200 NW 41st Street Suite 155
Doral, FL 33166