Bridge Point AVE is a sophisticated Class A industrial park with facilities situated in the heart of the Miami Lakes submarket. Building 1 offers ±49,885 SF of prime space—including ±2,386 SF of dedicated office area—this building is perfectly suited for distribution, logistics, and light industrial operations. Its central location in North Miami-Dade provides a strategic balance of high-end industrial functionality and proximity to essential business amenities.
Key building features
Bridge Point AVE features modern industrial specifications designed to support efficient operations.
- Total available space: ±49,885 SF
- ±2,386 SF office space
- 32-foot clear height
- 14 dock-high loading positions
- 1 ramp
- 180-foot shared truck court
- Trailer parking available
- Parking ratio: 1.2 spaces per 1,000 SF
Miami Lakes submarket indicators
Evaluating a property like Bridge Point AVE requires looking closely at the shifting realities of the local Miami Lakes industrial ecosystem.
- Total inventory SF: The Miami Lakes submarket possesses approximately 3,500,000 square feet of inventory, all of which are tightly clustered into one another due to the nature of being a boutique industrial hub. Since this corridor has already matured, no new speculative pipeline deliveries are occurring with respect to new development or construction. The resulting effect from freezing all new speculative deliveries will help to protect current inventory from any supply shocks occurring throughout the entirety of South Florida.
- Vacancy rate: The local rate of vacant industrial space is currently at 7.5%. The trend of increased vacancy also tracks overall downtime throughout the county as empty general industrial buildings have adjusted to the new market norm for general industrial building availability across the county, between 6.8% and 8.0% of total available space.
- Net absorption: Reflecting these shifting dynamics, the submarket has seen a 12-month net absorption of negative 374,000 square feet. This cooling demand highlights a transition away from massive pandemic-era stockpiling toward leaner inventory management and space optimization.
- Market rent and value: Financial indicators show a slight downward trend in average lease pricing, with market rents settling at $19.18 per square foot NNN. Despite this slight dip, the baseline lease rate remains highly competitive compared to general county averages, which hover around $15.75 to $16.84 PSF. Meanwhile, investment demand keeps property values strong, with the market sale price climbing to $234 per square foot.
See more information on this submarket here.
Location & access
Located in the middle of North Miami-Dade, the property can be reached easily via large road networks, such as I-95 and other regional connectors that connect to both Miami-Dade County and Broward County.
This property is located approximately 2.7 miles from Miami-Opa Locka and approximately 9.6 miles from Miami International, allowing easy access to the logistics networks for regional and international shipping from both airports with relatively less difficulty than would be encountered if traveling to the south into central Miami and in greater traffic jams.
You might be interested in: Mangrove Logistics Center: Defining Class A small-bay space in Miami Airport East
Why Bridge Point AVE is relevant
Miami Lakes’ lack of construction within the real-time market serves as an anomaly for the local logistics infrastructure.
The logistics market in Miami Lakes has no development projects under construction within its geographical limits; therefore, all businesses will have to rely on the existing inventory of real estate in the submarket to facilitate movement. Because there are no new development projects, the facilities with modern structural elements become the measures for evaluating mid-size distribution facilities in North Miami-Dade.
The location of Miami Lakes also illustrates the impact that geography has on all aspects of labor and logistics in a submarket. As a part of Miami Lakes, the submarket directly connects to an abundance of industrial labor in the adjacent municipalities of Hialeah, Opa-locka, and southern Broward County.
In addition, the corporate park surrounding the submarket is closely tied to daily amenities, including, but not limited to, restaurants, retail establishments, and banks. The relative proximity of these business services creates a user-friendly setting for companies that require both administrative office use and daily transit or warehouse use at one location.
Find the best opportunities on the South Florida industrial market
When dealing with the difference in submarkets, you will need reliable, local market data and up-to-date knowledge. If you are looking for modern logistics facilities or if you would just like to see some detailed data regarding changing local leasing trends, we’ve got you covered. Our team at Agora is here to help you move through the various aspects of your decision process.
Visit agorare.com to explore our comprehensive submarket indexes, view available property listings, and read updated analyses on the South Florida commercial real estate market.