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Retail Space in High-Traffic Corridor
For Lease
$7,000/Mo

5832 NW 27th Ave, Miami, FL 33142

Retail space on the NW 27th Corridor with an estimated 35,000+ daily vehicles plus Opportunity Zone designation.

Space SizeContact for details
Property Size1,740 SF
Days on Market18

Property Features for 5832 NW 27th Ave

General Information

Standard status Active
Size 1,740 SF

Additional Details

Opportunity Zone Yes
Traffic Count 35,000 vehicles/day

Building Details

Year Built 1930
Listing Agency: LA PREMIERE Realty
Listed By: Mauricio Fernandez Piqueras · License #A11772451
Source: Mymiahomes
Added: Jul 20 Changed: Jul 21 Last Checked: Aug 5 at 11:14AM

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 LA PREMIERE Realty

Investment Insights

Based on property information with market context.

Available for rent at 5832 NW 27th Ave, Miami, FL 33142, this retail space is positioned along the NW 27th Corridor. The property benefits from an estimated traffic count of 35,000+/- daily vehicles, supporting strong visibility for retail and service activity.

The site is located within an Opportunity Zone, and the area is also tied to the Rapid Transit North Corridor initiative described as a $1.9 billion project to enhance public transportation. The property is noted as a few blocks from Dr. Martin Luther King Jr. Plaza station, with ongoing development activity intended to increase population in the surrounding area.

Key Highlights

  • Retail space on NW 27th Corridor in Miami, FL 33142
  • Estimated 35,000+ daily vehicles/traffic count on the corridor
  • Located in an Opportunity Zone offering potential tax benefits for businesses

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Law Firm Hair Salon Dental Office Nail Salon

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

35,000 VPD
Traffic count
NNN (Triple Net)
Lease Type
$7.24 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,142
Businesses Nearby

Demographics for 33142, FL

55,425
Population
22,275
Households
2.5
Avg Household Size
39
Median Age
13%
College-Educated
69%
High-School Grad
10.9 sq mi
ZIP Area
5,085
Density / Sq Mi
$37,900
Median Household Income
$29,109
Median Earnings
$1,289
Median Rent
$298,000
Median Home Value

Market

Lease Benchmarks for Miami, FL

$37.6 /SF/Yr
Avg Asking Price
$0.89–$73.53 /SF/Yr
Price Range
6,553 SF
Avg Space Size

This space is priced 28% above the average of $37.6 /SF/Yr.

Vacancy Rate% for Retail in Miami, FL

3.5% 2019
4.3% 2020
3.3% 2021
2.9% 2022
3.1% 2023
2% 2024
2.7% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space on the NW 27th Corridor with an estimated 35,000+ daily vehicles plus Opportunity Zone designation.
Where is this retail space located?
The property is located at 5832 NW 27th Ave Miami, FL.
What is the lease rate?
The lease rate is $7,000/Mo.
What are key features of this property?
This property features: Retail space on NW 27th Corridor in Miami, FL 33142; Estimated 35,000+ daily vehicles/traffic count on the corridor; Located in an Opportunity Zone offering potential tax benefits for businesses
More about this property
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