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Palmetto Lakes Industrial Park Warehouses
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15900-15998 NW 48th Ave, Miami Gardens, FL 33014

Industrial park with warehouses suitable for distribution, wholesale, manufacturing.

Space Size1,260 SF - 2,380 SF
Property Size77,309 SF
Days on Market1413

Property Features for 15900-15998 NW 48th Ave

General Information

Standard status Active
Size 1,260 SF - 2,380 SF
Property subtype Industrial
Lease Type NNN

Building Details

Building Size 77,309 SF
Year Built 1981
Tenancy Multiple

Spaces For Lease

at 15900-15998 NW 48th Ave Contact us

15911-13 NW 48th Ave

Size
2,000 SF
Availability
Active
Contact us

15998 NW 48th Ave

Size
2,380 SF
Availability
Active
Contact us

15988 NW 48th Ave

Size
1,260 SF
Availability
Active
Contact us

15982 NW 48th Ave

Size
1,440 SF
Availability
Active
Contact us

15986 NW 48th Ave

Size
1,260 SF
Availability
Active
Contact us

15960 NW 48th Ave

Size
1,260 SF
Availability
Active
Contact us
Listing Agency: Levy Realty Advisors, LLC
Listed By: Josh Levy · License #FL SL3368111
Source: Crexi
Added: Oct 26, 2022 Changed: Sep 4 Last Checked: Sep 7 at 1:09PM

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 Levy Realty Advisors, LLC

Investment Insights

Based on property information with market context.

The Palmetto Lakes Industrial Park is a complex of warehouses encompassing approximately 275,408 square feet. Situated on the south side of the Palmetto Expressway and just north of the Opa Locka Executive Airport, the location provides central access to three major airports and seaports. The property is near the Opa Locka Executive Airport and in close proximity to the Golden Glades interchange, located just four exits from the I-95 Expressway. The park consists of seven buildings, four of which are equipped with fire sprinkler systems. Three buildings feature 10’ x 14’ dock-height loading doors, and ceiling heights range from 16’ to 22’. Construction is concrete masonry with Twin-T roof decks. Warehouse sizes vary from 1,000 square feet up to 40,000 square feet. The Palmetto Lakes Industrial Park currently houses 75 businesses and is zoned I-1 for Light Industrial. It is suitable for distribution, wholesale, manufacturing, aviation, and service providers.

Key Highlights

  • Prime location centrally located between 3 major airports and seaports with close proximity to the Palmetto Expressway and Golden Glades interchange (4 exits from I‑95).
  • Total of 275,408 square feet of warehouse space across seven buildings.
  • Warehouse sizes range from 1,000 square feet up to 40,000 square feet.

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Grocery & Convenience Store Parking Lot & Garage Cafe & Coffee Shop Electrical Service Veterinary Clinic (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
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,240
Businesses Nearby
Balanced
Demand for This Use

Demographics for 33014, FL

40,261
Population
15,319
Households
2.6
Avg Household Size
43
Median Age
29%
College-Educated
84%
High-School Grad
6.5 sq mi
ZIP Area
6,194
Density / Sq Mi
$74,934
Median Household Income
$40,003
Median Earnings
$1,720
Median Rent
$398,400
Median Home Value

Market

Lease Benchmarks for Miami Gardens, FL

$19.49 /SF/Yr
Avg Asking Price
$12.95–$25 /SF/Yr
Price Range
303,535 SF
Avg Space Size

This space is priced 18% below the average of $19.49 /SF/Yr.

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Industrial park with warehouses suitable for distribution, wholesale, manufacturing.
Where is this warehouse located?
The property is located at 15900-15998 NW 48th Ave Miami Gardens, FL.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Prime location centrally located between 3 major airports and seaports with close proximity to the Palmetto Expressway and Golden Glades interchange (4 exits from I‑95).; Total of 275,408 square feet of warehouse space across seven buildings.; Warehouse sizes range from 1,000 square feet up to 40,000 square feet.
(561) 558-6291 Call to check price and availability
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