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$2,180,000

For Sale

10 hours ago

5299 Ne 12Th Ave, Oakland Park, FL

House

MLS® A12072664

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Industrial
Levels Commercial Sale
Size -
Garage 
Taxes $11,997
Days Active 1
Lot Size 0.67 Acres
Approx. Age 
MLS® Number A12072664

Property Address: 5299 Ne 12th Ave, Oakland Park, FL, 33334-4920

Average square foot calculated using Size range provided by listing agent.

Description

Upside Partners, LLC is pleased to exclusively present a rareopportunity to acquire a net-leased income property backed by oneof the strongest credit profiles in commercial real estate: a Floridamunicipality rated ‘AA’. The City of Oakland Park has 100% leased thesubject site at 5299 NE 12th Avenue under a five-year absolute netlease commenced February 1, 2025, with three (3) two-year renewaloptions 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 onpar with select cities like New York, Miami and Dallas; and (2) theunderlying real estate — a 29, 175 SF B-3 commercial-industrial parcelin one of South Florida’s most supply-constrained infill industrialcorridors, providing meaningful residual value protection should theincome stream ever end.
MLS® NumberA12072664
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 17, 2026List Date
$2,180,000List Price
  • Commute

Commute

Starting Address
Destination Address
5299 Ne 12Th Ave, Oakland Park, FL

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