4351 NE 12th Ter new

Oakland Park,FL 33334

$ 8000000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

MLS Listing ID F10501504

Year Built 1967

Tax Year 2024

Lot Size 1.899 Acres

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 County

Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700)

Zoning B-3

Exterior

Water Access N

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