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Retail Space in Shopping Center
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For Lease
$4,088/Mo

5450 W 16th Ave, Hialeah, FL 33012

Retail space positioned north of Westland Mall within a shopping center setting.

Space SizeContact for details
Days on Market6

Property Features for 5450 W 16th Ave

General Information

Standard status Active
Property subtype Commercial

Amenities

Common

Building Details

Year Built 2008
Listing Agency: VENTURA REALTY GROUP, INC.
Listed By: NILO VENTURA JR · License #A12080443
Source: Corcoran
Added: Aug 31 Changed: Sep 4 Last Checked: Sep 4 at 7:08AM

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 VENTURA REALTY GROUP, INC.

Investment Insights

Based on property information with market context.

This retail space is located within a shopping center at 5450 W 16th Ave in Hialeah, Florida. The property was built in 2008 and is situated north of Westland Mall.

Key Highlights

  • Shopping center location north of Westland Mall
  • Built in 2008
  • 5450 W 16th Ave, Hialeah, FL 33012

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Gym & Fitness Center Nursing Home Garden Center (Bike/Boat/Book/etc) 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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,832
Businesses Nearby
678k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 42% Dining 35% Groceries 12% Shops & Services 7%
Macy's Apparel
145,251 visits/mo 0.5 miles
Publix Groceries
68,000 visits/mo 0.2 miles
Burlington Apparel
55,416 visits/mo 0.5 miles
JCPenney Apparel
43,607 visits/mo 0.3 miles
Outback Steakhouse Dining
42,375 visits/mo 0.4 miles

Demographics for 33012, FL

70,260
Population
25,923
Households
2.7
Avg Household Size
48
Median Age
18%
College-Educated
72%
High-School Grad
5.9 sq mi
ZIP Area
11,908
Density / Sq Mi
$45,818
Median Household Income
$32,039
Median Earnings
$1,562
Median Rent
$355,600
Median Home Value

Market

Lease Benchmarks for Hialeah, FL

$31.72 /SF/Yr
Avg Asking Price
$2.07–$60 /SF/Yr
Price Range
5,026 SF
Avg Space Size

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space positioned north of Westland Mall within a shopping center setting.
Where is this retail space located?
The property is located at 5450 W 16th Ave Hialeah, FL.
What is the lease rate?
The lease rate is $4,088/Mo.
What are key features of this property?
This property features: Shopping center location north of Westland Mall; Built in 2008; 5450 W 16th Ave, Hialeah, FL 33012
More about this property
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