8
5299 NE 12th Ave, Oakland Park FL 33334 | Broward County | A12072664
  • $2,180,000

Description

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.

Have a question about this Oakland Park listing?

Talk directly with Christopher Lazaro, your Oakland Park real estate advisor. No pressure — real answers.

  • Address: 12th Ave
  • City: Oakland Park
  • Zip/Postal Code: 33334

Details

Updated on August 19, 2026 at 2:35 am
  • Property ID A12072664
  • Price $2,180,000
  • Property Status Active, Commercial Sale

Additional details

  • Annual Tax 11997
  • Association No
  • Private Pool No
  • Waterfront No
  • Structure Type Industrial
  • Building Area 0
  • Flood Zone AE
  • New Construction No
  • Lot Size (Sq Ft) 29175

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Christopher Lazaro

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