Active For Sale
5299 NE12thAvenue, Oakland Park, FL 33334
5299 NE 12th Avenue, Oakland Park, FL 33334
  • $2,180,000

Overview

Property ID: HZA12072664
  • Industrial, Commercial Sale
  • Property Type

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.

  • Address 5299 NE 12th Avenue
  • City Oakland Park
  • State/county FL
  • Zip/Postal Code 33334
  • Area Broward

Details

Updated on October 28, 2026 at 2:19 pm
  • Property ID: HZA12072664
  • Price: $2,180,000
  • Land Area: 0.67 Acres
  • Garage Size: x x
  • Property Type: Industrial, Commercial Sale
  • Property Status: Active, For Sale

Additional details

  • County: Broward
  • Property Type: Commercial Sale

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