Kendall, FL
Community and Real Estate Information
An 18-mile drive to the southwest of Downtown Miami is a census-designated place or CDP called Kendall. Kendall is a highly sophisticated community that takes pride in its residential and commercial developments. Notable examples are office buildings, strip malls, and shopping centers. Kendall also features noteworthy industrial properties such as Tamiami Airport, Palmetto Bay, Falls District, and Bird Road District.
To emphasize some of these properties, Bird Road District is an ongoing project that aims to cater to more business opportunities such as entertainment and retail, just like Wynwood. On the other hand, Tamiami Airport, commonly known as Miami Executive Airport, indulges in warehouse facilities. The majority of the industrial products in this area are prevalent in the streets, and some are small bay and multi-tenanted lands. Furthermore, dock-high properties are also available in Kendall. However, these are not your typical structures. Most of them are quality and personally customized properties that serve specific demands. Users in this submarket are often businesses, trades, service providers, and others. Opportunities for construction of bigger, dock-high distribution facilities and preferences are quite limited, especially for users who aim to establish their properties near Airport West and other nearby submarkets. One thing to note about Kendall is that there are lesser institutional ownerships of properties here, which means opportunities for private ownership are increasingly feasible.
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Nearby Businesses
There is a fair share of neighboring businesses in this submarket. Here in Kendall, they have Miami Dade College, ChenMed, Lexus of West Kendall, Baptist Hospital. There is also a medical center called Coral Reef Medical Park and a lot of office spaces. Some of them are Dadelang West Executive Park, Kendall Summit Office Park, Parkwest Business Centers, and so much more. Shopping malls such as Prado Shopping Center and Dadeland Mall are also easily accessible to their users.
Check out the original neighborhood post at https://patmcbride.com/.
Business Opportunities
This submarket offers a wide array of convenient residential developments while being equipped to meet the demands of convenient housing plans for your business employees.
Due to the increasing number of familial residences in this area, there is an increasing demand for commercial and business opportunities. Plus, it is less crowded than other areas, such as the busy urban streets of Downtown Miami.
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Important Considerations
Business parks are located outside the Downtown District of Miami, which means a lengthier route of approximately 30 minutes from the central city.
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Kendall, FL Market Report:
Households: 14,504
Median Listing Home Price: $365,000
Median Listing Home Price Per Sqft: $263
Median Rent: $1,650
Average Days on Market: 65
Home Ownership Percentage: 61.8%
Kendall, FL Community Report:
Population: 75,312
Average Household Income: $73,612
Median Age: 41.9
Associate's Degree or Higher: 55.45%
Elderly Percentage: 18.67%
Cost of Living Score: 123.1
If you would like to receive a FREE Competitive Market Analysis, contact me today.
Let me help you find your perfect industrial space!
If you require a Buyer's Agent to represent you during your transaction, please feel free to contact our office at 305-619-2937. We would be glad to work with you to get the best deal possible for your transaction.
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POSTED BY:
Pat McBride
305-619-2937
8200 NW 41st Street Suite 155
Doral, FL 33166
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