Miami-Fort Lauderdale Commercial Space
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Renting Warehouse Space in Miami
Industrial and warehouse spaces play a vital role in Miami’s logistics and distribution landscape. TenantBase data indicates that long-term leases (5+ years) account for 22.5%, with medium-term leases (3-5 years) at 23.1%. Shorter commitments of 1-2 years are significant at 29.9%, reflecting the evolving needs of distribution hubs and small manufacturers. The proximity to PortMiami and Miami International Airport drives demand in areas like Doral and Medley.
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Suite Rates in Miami
Suite Sizes in Miami
Neighborhood Comparison
| Neighborhood | Average Available SQFT | Average Rate / SQFT PER Month | NUMBER OF AVAILABLE SUITES |
|---|---|---|---|
| Beverly Terrace | 4,400 | $1.72 / SF | < 30 |
| Boca Raton | 1,800 | $1.75 / SF | 78 |
| Boynton Beach | 4,400 | $1.82 / SF | < 30 |
| Coconut Grove | 6,900 | $2.10 / SF | < 30 |
| Delray Beach | 2,100 | $2.11 / SF | < 30 |
| Downtown Miami | 5,200 | $1.72 / SF | < 30 |
| Edgewater | 4,400 | $1.72 / SF | < 30 |
| Hialeah | 4,300 | $1.64 / SF | 165 |
| Hollywood, FL | 3,100 | $1.40 / SF | 67 |
| Little Haiti | 8,600 | $1.44 / SF | < 30 |
| Little Havana | 10,000 | $2.00 / SF | < 30 |
| Mall of the Americas | 3,600 | $1.59 / SF | < 30 |
| Miami Airport Area | 4,200 | $1.94 / SF | 48 |
| Miami Beach | 46,000 | - | < 30 |
| Miami International Mall | 3,700 | $2.04 / SF | 50 |
| Mid-Beach Miami | - | - | < 30 |
| Miramar | 5,800 | $1.10 / SF | < 30 |
| North Beach, FL | 13,000 | $2.40 / SF | < 30 |
| Palm Beach | 1,600 | $2.05 / SF | < 30 |
| Pembroke Pines | 4,400 | $1.10 / SF | < 30 |
| Pompano Beach | 2,300 | $1.57 / SF | 241 |
| Port St Lucie | 3,000 | $1.12 / SF | 70 |
| South Beach Miami | - | - | < 30 |
| Town Square Miami | 7,100 | $1.72 / SF | < 30 |
| West Palm Beach | 1,500 | $2.61 / SF | < 30 |
*All data is from sources we deem reliable and is tracked to provide tenants an understanding of market and submarket conditions, however we cannot guarantee accuracy and all data should be confirmed prior to any use in the lease or purchase of real property.