Carter Square - retail in Miami, FL
Retail

Carter Square

carter square, miami, FL 33186

Price

Price on request

Description

Fully Leased Fronts major intersection of Kendall Drive and SW 137th Ave. Shopping center anchored by Staples, Walgreens, and Panera Bread

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

carter square, miami, FL 33186

Marker
Leaflet © OpenStreetMap contributors

Financial Details

Lease TypeTriple Net (NNN)

Market Context

As of Q4 2025, the Miami retail market showed a 3.1% vacancy rate, and rents up 1.4% year over year. Source: multiple brokerages Q4 2025 market report.

Projected current pricing

low confidence
Projected asking rent
$48.98–$49.37/SF/yr
Estimated sale value
$445–$566/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 Cushman & Wakefield data (cap rate 7.0%, asking rent trend-adjusted to today).

View the full Miami Retail market report →

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Compare it against other retail listings for lease in Miami, FL to benchmark pricing and space — view the full market.

Retail market FAQ

Is the Miami retail market tightening or softening?
Vacancy is around 3.1%, with asking rents rising year over year (Q4 2025).

Unified Estimate

Low Confidence
$29.75/SF/mo-$40.25/SF/mo
Mid: $35.00/SF/mo

Rate estimator only; cost-of-business estimate unavailable.

Lease Rate & Market Trend

Market report quarterly trend fallback

Low Confidence
  • Vacancy %
Q4 '250%10%20%30%40%
Vacancy rate (right axis)

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.

Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.

Market Employment Trend

YoY Growth:+0.5%
Avg Weekly Wage:$1,474

December 2025 • Source: BLS QCEW

Economic Indicators

30-Yr Mortgage:6.47%
CPI Inflation (YoY):4.2%

Source: FRED

Market Demographics

Census ACS 2024
Population2,738,356
Median Income$72k
College Educated29.5%↓ 3.9pp
Median Age40.7 yrs
Median Home Value$463k
Unemployment4.6%↑ 1.0pp

2024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau

Sold Comps

Q3 2025
Median $/SF$423
Avg $/SF$443
25th–75th Percentile$304 – $517
Sample Size69 transactions
CountyMiami-Dade

Source: florida_dor · County FIPS: 12086

Assumptions
  • Market comparison: retail in miami, FL

More Retail for Lease in Miami, FL(5)

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Listed by

CBRE System Import