4351 Ne 12th Terrace, Oakland Park, FL 33334

Sold Price
$7,000,000
List Price
$7,499,000
Closing Date
Dec 18, 2025
MLS#
F10501504
Status
CLOSED
Type
Commercial

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.

Additional Information

Days on Market
152
Parcel Number
494223000104
Lot Size
82,734
Address
4351 Ne 12th Terrace, Oakland Park
Year Built
1967
Section
23

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Listing Courtesy of Native Realty Co., Contact:

Selling Office: Native Realty Co..