Kendall, FL
Commercial Real Estate Market Trends & Data

$589 Avg asking sale price
$40 Avg asking lease rate
6,879 SF Avg unit lease size
12,602 SF Avg building size for sale
5.30% Average cap rate

Kendall's Demographic Profile

Kendall has 29,186 households and a median income of $80,857, providing context for rent absorption and tenant demand across retail and multifamily assets. A -3% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 75,287
# Households 29,186
Median age 44
Median household income $80,857
Avg household size 3.0
Renter-occupied housing units 11,849
5-year population change -3%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Kendall, FL

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Kendall $521 13,720 SF 9.03%
Pinecrest $627 8,564 SF 6.05%
Coral Gables $738 7,000 SF 9.03%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Kendall $444 12,353 SF 6.00%
Village Of Palmetto Bay $384 5,343 SF 6.00%
Palmetto Bay $353 13,607 SF 6.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Kendall $714 9,807 SF
Pinecrest $778 7,060 SF
Village Of Palmetto Bay $775 8,085 SF
Palmetto Bay $807 6,425 SF
South Miami $766 5,917 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Kendall $649 11,237 SF 5.78%
Village Of Palmetto Bay $434 28,371 SF 5.78%
Palmetto Bay $642 20,874 SF 5.78%
Coral Gables $541 12,104 SF 9.45%

Commercial Properties For Sale in Kendall

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

56 Parkwood

Miami, FL 33165

  • 28,581 SF Office Building
  • 6.66% Cap Rate
  • $6,750,000
For Sale

Sunset Station - Suite 100

Miami, FL 33143

  • 56,500 SF Office Building
  • $4,530,000
For Sale

132 Ave-Bird Rd

Miami, FL 33175

  • 6,641 SF Specialty
  • $4,900,000
For Sale

First Professional Condominium

Coral Gables, FL 33146

  • 30,000 SF Office Building
  • 9.03% Cap Rate
  • $595,000
For Sale

Southern Corporate Center

Miami, FL 33186

  • 18,807 SF Office Building
  • $595,000
For Sale

9711 SW 77th Ave

Miami, FL 33156

  • 3,481 SF Retail Building
  • 7.75% Cap Rate
  • $3,228,348

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Kendall pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Kendall $587 12,370 SF
Pinecrest $675 8,260 SF
Village Of Palmetto Bay $615 8,458 SF
Palmetto Bay $761 11,548 SF
South Miami $733 9,777 SF

Regional Demographic Comparison

This comparison places Kendall alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Kendall or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Kendall 75,287 29,186 44 $80,857 3 11,849 -3%
Pinecrest 17,071 5,667 44 $158,282 3 1,266 -3%
Village Of Palmetto Bay 116,618 40,307 44 $76,706 3 13,687 -4%
Palmetto Bay 23,179 7,784 44 $124,051 3 1,678 -3%
South Miami 11,448 4,598 40 $71,935 2 2,239 -2%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Kendall, FL and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Kendall

View All Commercial Real Estate For Sale in Kendall
Is Kendall a good market for a first-time commercial real estate investor?

Kendall offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Kendall?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Kendall. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Kendall?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Kendall. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Kendall compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Kendall. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Kendall acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Kendall, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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