5299 NE 12th Avenue, Oakland Park, FL 33334 (MLS# A12072664)

5299 NE 12th Avenue, Oakland Park, FL 33334

$2,180,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12072664

Property Type: Commercial Sale Status: Active

Current Price: $2,180,000 List Date: 8/17/2026 Last Modified: 10/02/2026

Overview

Description

Upside Partners, LLC is pleased to exclusively present a rareopportunity to acquire a net-leased income property backed by oneof the strongest credit profiles in commercial real estate: a Floridamunicipality rated ‘AA’. The City of Oakland Park has 100% leased thesubject site at 5299 NE 12th Avenue under a five-year absolute netlease commenced February 1, 2025, with three (3) two-year renewaloptions 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 onpar with select cities like New York, Miami and Dallas; and (2) theunderlying real estate — a 29,175 SF B-3 commercial-industrial parcelin one of South Florida’s most supply-constrained infill industrialcorridors, providing meaningful residual value protection should theincome stream ever end.

Listing Details MLS# A12072664

General Property Information

Property Sub Type: Industrial
Occupant Type: Tenant
Lot Size Area: 29175
Lot Size Acres: 0.67

Property Features

Business Type: Other Tenant Pays: Exterior Maintenance; Interior Maintenance; Maintenance; Real Estate Taxes; Taxes; Trash Collection; Water Special Information: Presently Leased Structure Type: Industrial Showing Requirements: Call Listing Agent

Contract Information

Comp Sale YN: No
Original List Price: 2180000

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 5299
Street Direction Prefix: NE
Street Name: 12th
Street Suffix: Avenue
City Name: Oakland Park
State Or Province: FL
Postal Code: 33334
Postal Code +4: 4920
Area: 3350
Geographic Area: FTNE - Ft Lauderdale NE (3240-3270;3350-3380;3440-3450;3700)
Parcel Number: 494214200100
Subdivision Number: 20
Zoning: B-3
Flood Zone: AE
Directions: 5299 NE 12th Avenue, Oakland Park, FL

Financial Information

Tax Annual Amount: 11997
Tax Legal Description: G & R COMMERCIAL PARK 64-16 B LOT 13 THRU 15

Status Change Information

Major Change Timestamp: 2026-08-17T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-08-17

More Information

Income and Expenses

Gross Scheduled Income: 131040
Other Expense: 11093

Section Details

Parcel Number MLX: 0100

Originating Details

Originating System Key: 553191781
Originating System ID: M00000151

Listing Office: Upside Partner, LLC.

Last Updated: October - 02 - 2026

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