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Miami Distribution Warehouse Sublease Opportunity
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1950 NW 70th Ave 1970, Miami, FL 33126

High-quality industrial space in Miami with excellent connectivity.

Property Size44,058 SF
Price / SF$0.00
Days on Market140

Property Features for 1950 NW 70th Ave 1970

General Information

Standard status Active
Size 44,058 SF
Property subtype Industrial

Taxes and HOA fees

Annual Taxes $115,767

Building Details

Building Size 44,058 SF
Year Built 1969
Stories 1
Listed By: David Olalde · License #3165708
Source: Elliman
Added: Apr 24 Changed: Aug 31 Last Checked: Sep 10 at 11:25AM

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 David Olalde

Investment Insights

Based on property information with market context.

Located at 1950-1970 NW 70 Avenue in Miami, Florida, this distribution warehouse offers approximately 19,774 SF, 24,284 SF, or 44,058 SF of industrial space available for sublease through December 31, 2028. The facility features 2,500 square feet of office space and 20-foot clear ceiling heights. It is equipped with 3-phase heavy power, six dock-high doors, and one ramp, suitable for logistics and distribution operations. The space is divisible to as small as 19,774 square feet. Its strategic position in the Airport West submarket provides access to the Palmetto Expressway (SR 826), Florida's Turnpike, and Miami International Airport, facilitating regional and international connectivity. The location has a walk score of 37, indicating car-dependence, and a bike score of 38, indicating it is somewhat bikeable.

Key Highlights

  • Below‑market sublease rate for high‑quality industrial space.
  • Strategic location in the Airport West submarket with excellent access to major highways and Miami International Airport.
  • Divisible space, offering flexibility from 19,774 SF up to 44,058 SF.

Property Analytics

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Current Use

Distribution centers

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Veterinary Clinic Barber Shop Pet Grooming Service Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

1,854
Businesses Nearby

Demographics for 33126, FL

48,751
Population
19,725
Households
2.5
Avg Household Size
44
Median Age
28%
College-Educated
77%
High-School Grad
5.4 sq mi
ZIP Area
9,028
Density / Sq Mi
$55,722
Median Household Income
$32,607
Median Earnings
$1,651
Median Rent
$299,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Miami, FL

4.1% 2019
4.6% 2020
2.2% 2021
1.6% 2022
2.4% 2023
5.7% 2024
6.5% 2025
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Frequently Asked Questions

What type of property is this?
Distribution center - High-quality industrial space in Miami with excellent connectivity.
Where is this distribution center located?
The property is located at 1950 NW 70th Ave 1970 Miami, FL.
What are key features of this property?
This property features: Below‑market sublease rate for high‑quality industrial space.; Strategic location in the Airport West submarket with excellent access to major highways and Miami International Airport.; Divisible space, offering flexibility from 19,774 SF up to 44,058 SF.
More about this property
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