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Modern Industrial Space in Medley
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8901 NW 87th Ave, Medley, FL

198,112 SF industrial space in First Park Miami.

Property Size198,112 SF
Lot Size20.14 Acres
Days on Market1334

Property Features for 8901 NW 87th Ave

General Information

Standard status Active
Size 198,112 SF
Lot size 20.14 Acres
Property subtype INDUSTRIAL
Listing Agency: CBRE | Miami
Listed By: Devin White
Source: Moodyscre
Added: Dec 6, 2022 Changed: Jul 6 Last Checked: Jul 21 at 4:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Miami

Investment Insights

Based on property information with market context.

First Park Miami, situated on 126 acres, currently offers 810,000 square feet of space across five buildings. The available space features clear heights ranging from 32 to 36 feet, truck courts spanning 120 to 180 feet, and extensive dock-high loading capabilities. An ESFR sprinkler system is in place. Upon completion, First Park Miami will encompass over 2.5 million square feet of industrial space, distributed across a total of 13 buildings. Located in Medley, Florida, the park's central position and proximity to major South Florida thoroughfares are intended to attract users seeking to modernize their operations.

Key Highlights

  • Potential for over 2.5 million square feet of industrial space across 13 buildings.
  • Current offering of 810,000 SF in five buildings.
  • Central location with proximity to major South Florida thoroughfares.

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Parking Lot & Garage Law Firm Dental Office Auto Repair Shop Restaurant HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,137
Businesses Nearby
Balanced
Demand for This Use

Market

Lease Benchmarks for Medley, FL

$19.03 /SF/Yr
Avg Asking Price
$15.95–$28 /SF/Yr
Price Range
75,662 SF
Avg Space Size

Properties on Market for Warehouses in Medley

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Johnson Storage & Moving Co — 6451 NW 102nd Ave Suite 2, Doral, FL 33178
  • Kasman Corporation Warehouse — 5900 NW 102nd Ave, Doral, FL 33178
  • J and D Parking Storage — 6100 NW 97th Ave, Doral, FL 33178
  • A+ Storage — 9901 NW 58th St, Doral, FL 33178
  • Value Store It Self Storage — 5900 NW 102nd Ave, Doral, FL 33178, United States

Frequently Asked Questions

What type of property is this?
Warehouse - 198,112 SF industrial space in First Park Miami.
Where is this warehouse located?
The property is located at 8901 NW 87th Ave Medley, FL.
What are key features of this property?
This property features: Potential for over 2.5 million square feet of industrial space across 13 buildings.; Current offering of 810,000 SF in five buildings.; Central location with proximity to major South Florida thoroughfares.
(305) 381-6409 Call to check price and availability
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