Retail Leasing / Miami

Find your next Miami location

Miami retail vacancy sits at 3.0–3.3% across the metro — one of the tightest markets in the country. Supply cannot keep pace with demand, and rents in the top corridors have pushed well past what most tenants modelled even two years ago.

STAX places national and regional credit tenants in Miami-Dade and represents landlords across every major submarket — from Wynwood and Brickell to Coconut Grove, Coral Gables, and Doral.

3.1%
Retail vacancy
Metro average
$89 PSF
Brickell NNN rent
Ground floor, typical range
7.9%
Wynwood vacancy
Opportunity submarket
Miami Submarkets

Key Miami Retail Corridors

Miami retail is not one market — it is a collection of corridors that price, lease, and perform differently. We know the distinctions between them and how to position your requirement or your space in the right submarket.

Brickell Avenue
Wynwood Arts District
Coconut Grove Village Center
Miracle Mile, Coral Gables
Lincoln Road, South Beach
Doral / NW 36th Street
Space Types

Miami Retail Formats

Ground-floor urban retail
Inline strip center
Freestanding pad site
Mixed-use ground floor
Work With STAX

Tenant or Landlord — We Work Both Sides

For Tenants

Find your next Miami location

We identify sites in Miami that match your concept, customer, and lease economics — then negotiate the terms that make the deal work over the full lease term. National credit tenant placements include Subway and Oakley.

  • ✓ Site selection and market analysis
  • ✓ Rent benchmarking against real comps
  • ✓ LOI and lease negotiation
  • ✓ Multi-site and expansion rollouts
Find Your Miami Space
For Landlords

Lease your Miami retail space

The Miami retail market is tight, but the wrong tenant still costs a landlord more than a short vacancy. We position your space to credit tenants, qualify hard, and negotiate terms that protect the asset — not just close the deal.

  • ✓ Market-supported rent analysis
  • ✓ Credit tenant identification and qualification
  • ✓ NNN and net lease structuring
  • ✓ Lease-up of vacant or transitioning space
List Your Miami Space
Questions

Miami Retail Leasing FAQ

What is the average retail rent in Miami?

It depends sharply on the corridor. Brickell ground-floor ranges from $70 to $100+ PSF NNN; Wynwood street retail runs $50–80 PSF; suburban strip centers in Doral and Kendall are in the $30–50 range. The right comp is the one from your exact block, not the metro average.

Is Wynwood still a good bet for retail tenants?

Wynwood is one of the few Miami submarkets with meaningful supply — vacancy near 8% versus the metro's 3%. That creates real negotiating room for tenants and makes it one of the few places in Miami where a landlord without a credit tenant might actually compete on terms. The trade is less captive foot traffic and a younger, more experience-driven customer base.

Do you represent tenants looking for Miami retail space?

Yes. We represent both sides. For tenants — national brands, regional concepts, or owner-operators — we identify sites, read the market rent honestly, and negotiate the terms that matter beyond the headline number: options, exclusivity, permitted use, and TI allowance.

What is a net lease and how does it work in Miami?

A net lease shifts operating expenses — property taxes, insurance, and maintenance — from the landlord to the tenant, leaving the landlord with a predictable income stream. In Miami, most inline strip and pad site leases are structured as NNN (triple-net). Ground-floor urban deals vary more: some are gross, some modified gross, and some true NNN depending on the building vintage and landlord.

Ready to move on Miami retail?

Tell us the concept, the submarket, and what you need from the lease. We will tell you what the Miami market looks like right now and what it takes to get the right site.