5299 NE 12th Ave, Oakland Park FL 33334 | Broward County | A12072664
- $2,180,000
- $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
Open on Google Maps-
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
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees