Vacant Retail
New
For Lease
$1,900/Mo
1602 Palm Ave, Hialeah, FL 33010
Vacant storefront offering flexible commercial space near Palm Avenue and West 16th Street.
Space SizeContact for details
Days on Market3
Property Features for 1602 Palm Ave
General Information
Standard status
Active
Building Details
Year Built
1953
Listing Agency:
Realty World Executive Homes
Listed By:
Barbara Rodriguez · License #3272942
(305) 251-4044
Source:
Thepennteam
Added: Sep 11
Last Checked: Sep 12 at 12:00PM
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 Realty World Executive Homes
Investment Insights
Based on property information with market context.
This vacant retail space provides 4,016 square feet of commercial premises in a building constructed in 1953. The property is available for lease and is being offered in its current vacant condition, with access available through a lockbox for showings.
The space is positioned near Palm Avenue and W 16th Street in Hialeah. Under the stated service arrangement, the tenant is responsible for electricity consumption, while the landlord provides and pays for water and garbage service. Prospective tenants should verify zoning, permitted uses, licensing requirements, and business suitability with the City of Hialeah.
The space is positioned near Palm Avenue and W 16th Street in Hialeah. Under the stated service arrangement, the tenant is responsible for electricity consumption, while the landlord provides and pays for water and garbage service. Prospective tenants should verify zoning, permitted uses, licensing requirements, and business suitability with the City of Hialeah.
Key Highlights
- 4,016 SF of retail space
- Vacant premises available for lease
- Near Palm Avenue and W 16th Street
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$0.85 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,660
Businesses Nearby
7k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 66%
Dining 34%
Advance Auto Parts
Shops & Services
4,561 visits/mo
0.3 miles
SUBWAY
Dining
2,382 visits/mo
0.5 miles
Demographics for 33010, FL
43,902
Population
16,456
Households
2.7
Avg Household Size
48
Median Age
20%
College-Educated
71%
High-School Grad
4.3 sq mi
ZIP Area
10,210
Density / Sq Mi
$45,449
Median Household Income
$30,466
Median Earnings
$1,318
Median Rent
$346,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Hialeah, FL
$33.57 /SF/Yr
Avg Asking Price
$2.07–$60 /SF/Yr
Price Range
5,182 SF
Avg Space Size
This space is priced 83% below the average of $33.57 /SF/Yr.
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Retail space - Vacant storefront offering flexible commercial space near Palm Avenue and West 16th Street.
Where is this retail space located?
The property is located at 1602 Palm Ave Hialeah, FL.
What is the lease rate?
The lease rate is $1,900/Mo.
What are key features of this property?
This property features: 4,016 SF of retail space; Vacant premises available for lease; Near Palm Avenue and W 16th Street
