South Central Miami

Miami - FL USA - Industrial Submarket

Industrial real estate intelligence for the South Central Miami submarket. 14.4M SF of inventory with 4% vacancy. Data sourced from various MLS platforms.

14.4MSF

Inventory

492KSF

Available

Vacancy

3.4%

Availability Rate

$30.25

Asking Rent

1.3%

Rent Growth

-20,905SF

12mo Absorption

0SF

Under Construction

Market Metrics

12mo Delivered

117K SF

Under Constr % of Inv

0.0%%

Sale Price/SF

$363

Cap Rate

5.8%%

12mo Sales Volume

$85,318,000

Sales Vol Growth

22.6%

Asset Value

$5,235,723,649

Net Absorption

-20,905 SF

Recent DC Sales in Market

Property	Price	SF	Buyer
Peraton	$46.3M	195,965	Buyer 1 Altum Digital Infrastructure \| Buyer 2 Igneo Infrastructure Partners
3199 Pilot Knob Rd	$10.0M	248,482	Swervo Development Corporation
Fort Worth Data Center/DFW1	-	133,298	CSquare
2300 NW 89th Pl	$8.0M	94,449	Banyan Street Capital
4202 Fidelity St	-	425,720	Industrial Realty Group, LLC

Available DC Space in Market

Property	Avail SF	Rent	Owner
CityPlex Towers 20, 30, & 60	350,444	$14.00 - 19.00	Oral Roberts University
Omnis Data Center	15,070	$21.00	Omnis Network, LLC
Agave Business Center	4,053	$16.50	Camco Investment Group
928 Huston St	17,985	$18.60	Action Investment Group, Inc.
938 Huston St	16,970	$18.60	Action Investment Group, Inc.

Data Centre Development Potential

Moderate vacancy (4%) in South Central Miami suggests a balanced market with selective opportunities for data centre conversion or development. Negative absorption of 21K SF over 12 months warrants caution, though this may create discounted acquisition opportunities.