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Home > Commercial > Industrial > A12072664



Industrial
$2,180,000
5299 NE 12th Ave Oakland Park, FL

A12072664

97 of 186 for Sale
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  • Listed On:

    Aug 17, 2026
  • Days on Market:

    1
  • Year:

  • Taxes:

    $11,997 per year
  • Floor Description:

  • Occupancy:

  • Zoning:

  • Parking:

5299 NE 12th Ave Oakland Park, FL 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.

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