Miami Airport North

Miami Airport North Overview

First Park is a well-established industrial property located at 8201 NW 87th Avenue in the high-velocity Miami Airport North submarket. Situated in one of Miami-Dade’s most mature industrial ecosystems, this property provides functional warehouse and distribution space designed for logistics, service-oriented users, and air-cargo-related businesses. Its infill location offers the dual advantage of established infrastructure and immediate proximity to major transportation hubs.

Market indicators

Miami industrial market vacancy rate indicator

Vacancy Rate

6.8%

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

12 Mo Net Absorption SF

287k

Industrial properties under construction square footage icon

Under Construction SF

0

Industrial market rent NNN per square foot indicator

Market Rent NNN/PSF

$21.28

Industrial property sale price per square foot icon

Market Sale Price / PSF

$281

Total industrial inventory square footage across Miami submarkets

Total Inventory SF

14.5M

Notable Lease Transactions
Notable Lease Transactions Size SF Tenant Deal Type
8100 NW 74th St 73,476 Precision Concepts New Lease
8120 NW 74th St 24,288 Redeplast New Lease
6451 NW 102nd Ave 13,669 Dried Ingredients LLC New Lease
Notable Sales Transactions
Notable Sales Transactions Size SF Buyer Sale Price
8451 NW 66th St 22,272 Laurent Groll 6.05Mil (271.64 PSF)
6535-6545 NW 84th Ave, 1st Floor - A 10,836 Mcm Food Corp 3.79Mil (350.13 PSF)
6300-6330 NW 84th Ave 7,977 World Truck Parts LLC 3Mil (376 PSF)

Featured Park

First Park | Miami Airport North, FL

First Park is an industrial property located at 8201 NW 87th Avenue within the Miami Airport North submarket. The site is positioned in one of Miami-Dade’s most established industrial corridors, supporting a range of logistics, distribution, and service-oriented users. The property offers functional industrial space within an infill location near the airport and major transportation infrastructure.

Park & building highlights

First Park offers standard industrial functionality within a centrally located submarket.

Flexible sizes to fit various needs

Key Building Features

  • Industrial space within an established park setting 
  • Functional loading and circulation areas 
  • On-site parking and truck access 
  • Suitable for distribution, storage, and service uses 
  • Located within a mature industrial ecosystem 

Why First Park is Relevant

The Miami Airport North submarket continues to see strong demand due to its proximity to air cargo operations and central location within Miami-Dade County. First Park represents an example of existing industrial product in this area, providing users with access to a well-established logistics corridor and surrounding commercial amenities.

 

Location & access

8201 NW 87th Ave, Medley, FL 33166

The property is located near key arterial roadways, including the Palmetto Expressway, with convenient access to the Dolphin Expressway and Florida’s Turnpike.

Its proximity to Miami International Airport and the airport cargo area supports efficient local and regional distribution, while also providing access to broader South Florida logistics networks.