NNN and Net Lease Properties in Miami-Dade County
Miami-Dade County net lease deals are single-tenant retail, QSR, pharmacy, and service assets where the tenant carries taxes, insurance, and maintenance. The county currently shows 163 active for-sale retail listings in our feed, the segment where most net-leased product surfaces, at a median asking price of $1,750,000. We broker both sides of this market.
Retail and single-tenant listings in Miami-Dade County
| Active for-sale retail listings | 163 |
| Active for-lease retail listings | 0 |
| Median asking price (for sale) | $1,750,000 |
| Median asking price per SF | $691 / SF |
Retail feed listings are the closest public proxy for the net-lease universe; single-tenant deals surface in the MLS as retail. Computed from active MLS feed data, refreshed daily. Data as of 2026-07-03.
How net lease trades in Miami-Dade County
Miami-Dade is the trophy end of the South Florida net-lease market. International and institutional capital compete with domestic 1031 buyers for the same corners, and the strongest locations (Biscayne Boulevard, Coral Way, Bird Road, the Homestead growth corridor) price accordingly. Buyers here are frequently paying for the dirt as much as the lease: a single-tenant deal on an infill Miami corner carries redevelopment optionality that a suburban pad never will.
That optionality changes the underwriting. Shorter-lease deals that would be discounted elsewhere can hold value in Miami-Dade because the residual land value backstops the price, and sellers of older single-tenant assets often have two exit stories to tell at once. The county also produces the region's most active ground-lease market, a structure worth understanding before comparing cap rates across deals.
Observed asking cap rates on marketed Miami-Dade net-lease inventory have generally spanned from around 5 (and occasionally tighter) for prime-corner corporate deals to the mid 6s for secondary submarkets and shorter terms, with land-rich corners trading on residual value rather than yield alone. Observed asking ranges only, not a promise of execution pricing.
Miami-Dade County net lease FAQ
What cap rates do NNN properties in Miami-Dade County trade at?
Observed asking cap rates on marketed Miami-Dade net-lease inventory have generally spanned from around 5 (and occasionally tighter) for prime-corner corporate deals to the mid 6s for secondary submarkets and shorter terms, with land-rich corners trading on residual value rather than yield alone. Observed asking ranges only, not a promise of execution pricing.
What kinds of net lease tenants are active in Miami-Dade County?
The most active single-tenant categories we see trading in Miami-Dade County are QSR and coffee, convenience-fuel, pharmacy, banks, urgent care and dialysis, ground-leased pads at grocery-anchored centers, and automotive uses along the commercial spines. Tenant mix shifts with the corridor, so we always read the specific lease and location together.
Is Miami-Dade County a good market for 1031 exchange buyers?
1031 demand in Miami-Dade is deep but selective: exchangers compete against all-cash international buyers on trophy corners, so realistic exchangers either accept tighter yields for the location or use our off-market pipeline to find deals before they price up in open marketing.
Do you have off-market net lease deals in Miami-Dade County?
Yes. A meaningful share of net-lease transactions in Miami-Dade County never reach public marketing: sellers test pricing quietly against buyer mandates first. Get on our off-market list with your criteria (tenant type, price band, minimum term) and we match new inventory against it as it surfaces.