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Corner Retail Storefront
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5600 Waterford District Drive, Miami, FL 33126

Corner retail space at a major gateway location near airport and expanding office, hotels, and national brands.

Space Size3,751 SF
Property Size30,300 SF
Days on Market57

Property Features for 5600 Waterford District Drive

General Information

Standard status Active
Size 3,751 SF
Property subtype Retail

Additional Details

Highway Access Yes

Building Details

Building Size 30,300 SF
Tenancy Multiple

Spaces For Lease

at 5600 Waterford District Drive Contact us

1st Floor, Ste 16

Size
3,751 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Trinity Commercial Group
Listed By: Chris Barney · License #FL 3162690
Source: Crexi
Added: Jun 17 Changed: Aug 8 Last Checked: Aug 12 at 5:03AM

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 Trinity Commercial Group

Investment Insights

Based on property information with market context.

The available retail opportunity is a storefront site on the southeast corner of NW 57th Ave (Red Road) and Waterford District Drive, positioned at the gateway to the Waterford Business District. The center includes operating tenants such as Chipotle, Panda Express, and Starbucks.

The site sits just south of Dolphin Expressway in Miami, Florida, and is described as being within half a mile of Miami International Airport and about 200 yards south of Dolphin Expressway. It is also adjacent to new Lennar and Burger King headquarters and adjacent to a new 400-room hotel.

For retailers looking for an infill storefront presence within an active mix of dining and day-to-day services, this corner location offers strong co-tenancy with national brands in a district that is supported by large-scale office development, multiple hotels, and residential units.

Key Highlights

  • Corner retail site on the SEC of NW 57th Ave & Blue Lagoon Dr in Miami, FL
  • Located just south of the Dolphin Expressway and within about half a mile of Miami International Airport
  • Adjacent to new Lennar HQ and new Burger King HQ (1,500 employees)

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Gym & Fitness Center Acupuncture Daycare Center Parking Lot & Garage (Bike/Boat/Book/etc) Store Garden Center

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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,240
Businesses Nearby
Well-served
Demand for This Use

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

Market

Lease Benchmarks for Miami, FL

$37.78 /SF/Yr
Avg Asking Price
$24.92–$45 /SF/Yr
Price Range
12,802 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Shopping center - Corner retail space at a major gateway location near airport and expanding office, hotels, and national brands.
Where is this shopping center located?
The property is located at 5600 Waterford District Drive Miami, FL.
What are key features of this property?
This property features: Corner retail site on the SEC of NW 57th Ave & Blue Lagoon Dr in Miami, FL; Located just south of the Dolphin Expressway and within about half a mile of Miami International Airport; Adjacent to new Lennar HQ and new Burger King HQ (1,500 employees)
(561) 699-2766 Call to check price and availability
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