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Corner Shopping Center
For Sale
Contact for pricing
Pending

6340 SW 40 Street, Miami, FL 33155

Fully occupied retail property with month-to-month modified gross leases and redevelopment potential at a highly trafficked intersection.

Property SizeContact for details
Lot Size0.62 Acres
Days on Market143

Property Features for 6340 SW 40 Street

General Information

Standard status Pending
Lot size 0.62 Acres
Property subtype Retail, Mixed Use, Land
Occupancy 100%

Site & Location

Corner Location Yes
Road Access Yes

Additional Details

Land Use commercial

Building Details

Tenancy Multi
Listing Agency: The Keyes Company Miami
Listed By: Erin Murphy · License #FL SL3349890
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 1:13PM

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 The Keyes Company Miami

Investment Insights

Based on property information with market context.

This shopping center occupies a 0.62-acre hard corner parcel at the intersection of Bird Road and SW 40 Street in Miami. The property is 100% occupied, with tenants operating under modified gross lease agreements on a month-to-month basis.

The site is positioned at a highly trafficked Bird Road intersection and is described as suitable for redevelopment. The City has begun implementing a major project intended to improve public transportation in the area, adding relevant context for future site planning and access considerations.

Key Highlights

  • 0.62‑acre hard corner parcel
  • 100% occupied retail center
  • Tenants operate under modified gross lease agreements

Property Analytics

Current Use

ELENA manicure y ... Nail Salon

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Catering Service Restaurant Butcher Daycare 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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,089
Businesses Nearby
Well-served
Demand for This Use

Demographics for 33155, FL

43,695
Population
16,046
Households
2.7
Avg Household Size
45
Median Age
37%
College-Educated
85%
High-School Grad
7.4 sq mi
ZIP Area
5,905
Density / Sq Mi
$79,271
Median Household Income
$41,919
Median Earnings
$1,871
Median Rent
$505,000
Median Home Value

Market

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Shopping center - Fully occupied retail property with month-to-month modified gross leases and redevelopment potential at a highly trafficked intersection.
Where is this shopping center located?
The property is located at 6340 SW 40 Street Miami, FL.
What are key features of this property?
This property features: 0.62‑acre hard corner parcel; 100% occupied retail center; Tenants operate under modified gross lease agreements
More about this property
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