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4351 NE 12th Terrace, Oakland Park FL 33334

Commercial Recently Sold
$7,000,000

BTC: 107.69230769

ETH: 3,679.09851575

Sold on: 2025-12-18
152 days
0 room(s)

Overview

Rare opportunity to acquire a fully leased, 100% NNN commissary kitchen and entertainment venue offering an 8% cap rate. Commissary kitchens are in high demand and hard to replicate due to high buildout costs and zoning hurdles—especially in urban areas. Located just east of I-95, the property services Downtown Fort Lauderdale, Oakland Park, and Wilton Manors within a 15–20 minute drive.The property is occupied by two experienced tenants, providing stable income and credit strength. With one lease nearing expiration, there’s potential for owner occupancy. Features include dock-height loading bays and ample surface parking, ensuring operational efficiency.This turnkey asset combines strong cash flow with long-term flexibility in a high-growth, supply-constrained South Florida market.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1967
Lot:
1.90 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data
All facts and features
  • Lot

    • Lot: 1.90 Acres

    Other Property Information

    • Parcel Number: 494223000104

    • Zoning: B-3

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Industrial

  • Source details

    • MLS ID: F10501504

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Native Realty Co.