$7,000,000
$7,499,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
4351 NE 12th TER Oakland Park, FL 33334
33,231 SqFt
Key Details
Sold Price $7,000,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 33,231 sqft
Price per Sqft $210
MLS Listing ID F10501504
Sold Date 12/18/25
HOA Y/N No
Year Built 1967
Tax Year 2024
Lot Size 1.900 Acres
Acres 1.9
Property Sub-Type Industrial
Property Description
Rare opportunity to acquire a fully leased, 100% NNN commissary kitchen and entertainment venue offering an 8% cap rate. Commissary kitchens are in high demand and hard to replicate due to high buildout costs and zoning hurdles—especially in urban areas. Located just east of I-95, the property services Downtown Fort Lauderdale, Oakland Park, and Wilton Manors within a 15–20 minute drive.The property is occupied by two experienced tenants, providing stable income and credit strength. With one lease nearing expiration, there's potential for owner occupancy. Features include dock-height loading bays and ample surface parking, ensuring operational efficiency.This turnkey asset combines strong cash flow with long-term flexibility in a high-growth, supply-constrained South Florida market.
Location
State FL
County Broward
Area 3360
Zoning B-3
Interior
Interior Features InteriorFeatures
Fireplace No
Others
Tax ID 494223000104
Financing Cash
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

Bought with Jaime Sturgis Native Realty Co.
NEARBY SCHOOLS & BUSINESSES






