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

8318 SW 40th St, Miami, FL 33155

Commercial Lease, Miami, FL

Space Size4,326 SF
Lot Size4.08 Acres
Days on Market1

Property Features for 8318 SW 40th St

General Information

Property type Commercial Lease
Property subtype Retail
Zoning description 6061
Subdivision 30
Standard status Active
APN 30-40-22-010-0070
Lot size 4.08 Acres

Taxes and HOA fees

Tax Description 22 54 40 PB 7-116 THE PERRY GAZLAY REALTY CO LOT 4 LESS S75FT & LESS N25FT BLK 2 LOT SIZE 177659 SQ FT OR 12751-2273/18361-1190 1198 4
Legal Description 22 54 40 PB 7-116 THE PERRY GAZLAY REALTY CO LOT 4 LESS S75FT & LESS N25FT BLK 2 LOT SIZE 177659 SQ FT OR 12751-2273/18361-1190 1198 4

Building Details

Year built 1974
Listing Agency: Real Estate Sales Force
Listed By: Ashley Gonzalez · License #3494072
Added: Oct 20 Last Checked: Oct 20 at 6:06PM
MLS# A12109721

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This retail space at 8318 SW 40th St in Miami is part of a property built in 1974. The lease uses a triple-net structure.

The space is located directly on SW 40th Street, also known as Bird Road.

Key Highlights

  • Address on SW 40th Street, also known as Bird Road
  • Triple‑net lease structure
  • Property built in 1974

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Grocery & Convenience Store Garden Center (Bike/Boat/Book/etc) Store Restaurant Pet Grooming Service Cafe & Coffee Shop

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 lease is structured on a triple-net basis.
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: Address on SW 40th Street, also known as Bird Road; Triple‑net lease structure; Property built in 1974
More about this property
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