Basic Information

  • MLS # F10501504
  • Type Industrial
  • Status Active
  • Year Built 1967
  • Total Size 82,734 Sq.Ft / 1.90 Acre
  • Date Listed 05/02/2025
  • Days on Market 6
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.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description
  • Style Industrial

Interior Features

  • Adjusted Sqft 1.90 AcreSq.Ft
  • Sqft 1.90 Acre Sq.Ft

Property Features

  • Address 4351 NE 12th Ter
  • Aprox. Lot Size 82,734
  • City Oakland Park
  • County Broward
  • Furnished Info no
  • Postal City Oakland Park
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $0
  • Tax Legal desc 23-49-42 C O M M A T N W1/4 C O R O F S E C23, W50 S104.78 T O P O B, C O N T S255, W323.80 T O E R/ W/ L O F F E C R/ R, N255 A L G E R/ W/ L, E325.07 T O P O B
  • Tax Year 2024
  • Type of Property Industrial

4351 NE 12th Ter

Oakland Park, FL 33334

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