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Central Miami

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Central Miami Overview

The Central Miami industrial submarket is one of South Florida’s most established and strategically located industrial hubs. Its proximity to Miami International Airport, major highways, and densely populated neighborhoods makes it highly attractive for logistics, distribution, manufacturing, and service-oriented businesses. Strong tenant demand, combined with limited land for new development, continues to support low vacancy rates and healthy rental growth throughout the market.

Central_Miami

Market indicators

Miami industrial market vacancy rate indicator

Vacancy Rate

3.5% ▼

Icon representing an individual industrial submarket area in Miami commercial real estate

12 Mo Net Absorption SF

48.1k ▼

Industrial properties under construction square footage icon

Under Construction SF

0

Industrial market rent NNN per square foot indicator

Market Rent NNN/PSF

$20.19 ▲

Industrial property sale price per square foot icon

Market Sale Price / PSF

$269 ▲

Total industrial inventory square footage across Miami submarkets

Total Inventory SF

3.5M

Notable Lease Transactions
Notable Lease Transactions Size SF Tenant Deal Type
- - - -
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Notable Sales Transactions
Notable Sales Transactions Size SF Buyer Sale Price
16501 NW 16th Ct 45,013 Faropoint $9.3M ($206.61)
2365 Ali Baba Ave 22,982 Ambient Capital Partners $11M ($478.64)
13355-13385 NW 47th Ave - Building C 10,452 Robert Fleming $470K ($44.97)

Featured Park

LINK Sunshine State | Central Miami, FL

LINK Sunshine State is an industrial property located at 1300–1350 NW 74th Street in Central Miami. The building offers approximately 100,453 square feet of available space, including ±5,500 square feet of office area, and is suited for a range of distribution, storage, and light industrial uses. The property features an existing building structure with institutional ownership and management.

Park & building highlights

LINK Sunshine State offers functional industrial specifications within an infill Miami location.

Flexible sizes to fit various needs

Key Building Features

  • Total available space: ±100,453 SF 
  • ±5,500 SF of office space 
  • 16 dock-height loading positions 
  • 2 concrete ramps 
  • 2 additional external loading docks 
  • 16’8” clear ceiling height 
  • Concrete tilt-up construction 
  • Fully fenced parking and loading area 
  • Outdoor storage capability 
  • Institutionally owned and managed 

Why LINK Sunshine State is Relevant

Central Miami remains a supply-constrained industrial submarket with strong demand driven by proximity to the urban core. LINK Sunshine State provides existing industrial space with functional loading, secured yard area, and immediate highway access, making it a relevant option for users seeking centrally located facilities within Miami-Dade County.

Location & access

1300–1350 NW 74th St, Miami, FL 33147

The property is situated along the Interstate 95 corridor, just off the NW 79th Street exit, providing direct connectivity to Miami’s urban core and surrounding submarkets.

Its central location allows for efficient access to Miami International Airport, PortMiami, and other regional transportation routes, supporting local and regional distribution operations.