Miami-Fort Lauderdale Commercial Space
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Renting Retail Space in Miami
Retail spaces in Miami cater to a diverse consumer base, from local shoppers to international visitors. TenantBase data shows that medium-term leases of 3-5 years are most common at 29.3%, with shorter leases of 1-2 years following at 21.1%. Long-term leases (5+ years) make up 16.1%, while short-term leases of less than one year are less common at 11.1%. Key retail corridors include Miami Beach, Wynwood, and the Design District, where pedestrian traffic and lifestyle retail are crucial for success.
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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 | 1,700 | $2.16 / SF | 33 |
| Boca Raton | 1,700 | $1.87 / SF | 35 |
| Boynton Beach | 2,000 | $2.60 / SF | < 30 |
| Coconut Grove | 1,900 | $3.49 / SF | 42 |
| Delray Beach | 2,200 | $3.62 / SF | < 30 |
| Downtown Miami | 2,000 | $3.41 / SF | 56 |
| Edgewater | 2,300 | $2.10 / SF | < 30 |
| Hialeah | 1,600 | $2.18 / SF | 56 |
| Hollywood, FL | 2,000 | $2.63 / SF | 102 |
| Little Haiti | 3,200 | $1.97 / SF | < 30 |
| Little Havana | 1,400 | $2.24 / SF | < 30 |
| Mall of the Americas | - | - | < 30 |
| Miami Airport Area | 1,900 | $2.54 / SF | < 30 |
| Miami Beach | 2,800 | $5.53 / SF | < 30 |
| Miami International Mall | 15,000 | $2.00 / SF | < 30 |
| Mid-Beach Miami | 1,700 | $2.58 / SF | < 30 |
| Miramar | 1,200 | $2.00 / SF | < 30 |
| North Beach, FL | 2,200 | $3.29 / SF | 30 |
| Palm Beach | 1,500 | $3.33 / SF | 97 |
| Pembroke Pines | 1,200 | $2.00 / SF | < 30 |
| Pompano Beach | 1,500 | $1.94 / SF | 214 |
| Port St Lucie | 2,100 | $1.59 / SF | 51 |
| South Beach Miami | 2,700 | $7.03 / SF | < 30 |
| Town Square Miami | 2,000 | $2.22 / SF | < 30 |
| West Palm Beach | 1,400 | $3.39 / SF | 76 |
*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.