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Retail Space on Bird Road
New
For Lease
$45 SF/Yr NNN

8318 SW 40th St, Miami, FL 33155

The property offers a street-facing commercial address along SW 40th Street in Miami.

Space Size4,326 SF
Property Size85,412 SF
Days on Market1

Property Features for 8318 SW 40th St

General Information

Standard status Active
Size 4,326 SF
Net Rentable 4,326 SF
Property subtype Commercial
Lease Type NNN
Lease Term Long Term

Space & Availability

Available Space 4,326 SF
Contiguous Space 4,326 SF

Lease Terms

Lease Rate $45 /SF/YR
Monthly Rent $16,222
Rent per SF/Year $45

Building Details

Building Size 85,412 SF
Year Built 1974
Listing Agency: Real Estate Sales Force
Listed By: Ashley Gonzalez · License #3494072
Source: Elliman
Added: Oct 23 Last Checked: Oct 23 at 5:58PM

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 Real Estate Sales Force

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This retail space at 8318 SW 40th St in Miami contains 4,326 square feet. The building dates to 1974, and the space is offered under a triple-net lease structure.

The property fronts SW 40th Street, also known as Bird Road, a commercial corridor in Miami.

Key Highlights

  • 4,326 SF of retail space
  • Address: 8318 SW 40th St, Miami, FL 33155
  • Built in 1974

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Grocery & Convenience Store Cafe & Coffee Shop Catering Service Garden Center Restaurant

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

1,209
Businesses Nearby

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

Lease Benchmarks for Miami, FL

$40.23 /SF/Yr
Avg Asking Price
$1.16–$129 /SF/Yr
Price Range
6,739 SF
Avg Space Size

This space is priced 12% above the average of $40.23 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Retail space - The property offers a street-facing commercial address along SW 40th Street in Miami.
Where is this retail space located?
The property is located at 8318 SW 40th St Miami, FL.
What is the lease rate?
The lease rate is $45 SF/Yr.
What are key features of this property?
This property features: 4,326 SF of retail space; Address: 8318 SW 40th St, Miami, FL 33155; Built in 1974
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