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5299 NE 12th Ave, Oakland Park FL 33334

Commercial For Sale
$2,180,000

BTC: 28.57142857

ETH: 872.00000000

3 days
0 room(s)

Overview

Upside Partners, LLC is pleased to exclusively present a rare opportunity to acquire a net-leased income property backed by one of the strongest credit profiles in commercial real estate: a Florida municipality rated ‘AA’. The City of Oakland Park has 100% leased the subject site at 5299 NE 12th Avenue under a five-year absolute net lease commenced February 1, 2025, with three (3) two-year renewal options and contractual 4% annual rent escalations. The investment thesis is built on two pillars: (1) the City’s AA credit — stronger than the vast majority of corporate net-lease tenants, including Walgreens (BBB), CVS (BBB), Dollar General (BBB), and on par with select cities like New York, Miami and Dallas; and (2) the underlying real estate — a 29,175 SF B-3 commercial-industrial parcel in one of South Florida’s most supply-constrained infill industrial corridors, providing meaningful residual value protection should the income stream ever end.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
No Data
Lot:
29175 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Highlights

Annual tax
$11,997
All facts and features
  • Lot

    • Lot: 29175 Square Feet

    Other Property Information

    • Parcel Number: 494214200100

    • Zoning: B-3

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Industrial

  • Other financial information

    • Annual tax amount: $11,997

  • Source details

    • MLS ID: A12072664

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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: Upside Partner, LLC.