Industrial property in 5299 NE 12th Avenue, Oakland Park, FL 33334 for sale with MLS# A12072664
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.
5299 NE 12th Avenue, Oakland Park, FL 33334
- Price:
- $2,180,000.00
- Original List Price:
- $2,180,000.00
- Gross Scheduled Income:
- 131040
- Tenant Pays:
- Exterior Maintenance, Taxes, Water, Trash Collection, Maintenance, Interior Maintenance, Real Estate Taxes
- Listing Type:
- For Sale
- Status:
- Active
- Business Type:
- Other
- Listing Category:
- Commercial Sale
- Property Type:
- Industrial
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- August 17, 2026 4:00 am
- Other Special Conditions:
- Presently Leased
- Lot Size Acres:
- 0.67
- Structure Type:
- Industrial
- Flood Zone Code:
- AE
- Tax Annual Amount:
- $11,997.00
- Senior Community:
- No
- Tax Legal Description:
- G & R COMMERCIAL PARK 64-16 B LOT 13 THRU 15
- Real Estate Folio Number (Parcel Number):
- 494214200100
- Zoning:
- B-3
- Active on the market since:
- August 17, 2026
- Listing Agreement executed on:
- August 17, 2026
- Listing Status Last Changed On:
- August 17, 2026 4:00 am
- Photos updated on:
- August 17, 2026 6:26 pm
- Last Modified:
- August 17, 2026 6:27 pm
- Courtesy of:
- Upside Partner, LLC.
- Attribution:
- Not provided
- Street Name:
- 12th
- Street Number:
- 5299
- City:
- Oakland Park
- State:
- Florida
- Zip Code:
- 33334
- County:
- Broward
- Latitude:
- N26° 11' 32.4''
- Longitude:
- W81° 52' 6.3''
- Street Suffix:
- Avenue
- Street Direction Prefix:
- NE
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Broward County
Ver la propiedad 5299 NE 12th Avenue, Oakland Park, FL 33334
