$7,499,000

4351 NE 12th Ter, Oakland Park, FL 33334

  • 33,231 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1967
  • Property Lot Size Icon1.9acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $226/sqft
  • Property List Date Icon Listed 6 months ago

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.

Listing Status:
Active
Date Added:
May 2, 2025 at 05:00AM
Listing Office:
Native Realty Co. : (954) 595-2999
Listing Agent:
Jaime Sturgis : (954) 595-2999
MLS ID:
F10501504
  • Originating MLS: FTL_FTL
  • County: Broward
  • Zoning: 23-49-42 COMM AT NW1/4 COR OF SEC 23W 50 S 104.78 TO POBCONT S 255W 323.80 TO E R/W/L OF FEC R/RN 255 ALG E R/W/LE 325.07 TO POB494223000104
  • Source: FTL_FTL

This listing courtesy of Jaime Sturgis, Native Realty Co.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Floranada Elementary School

5251 NE 14th Way, Fort Lauderdale, FL, 33334

Grades KG-5

0.71 miles away

J

James S. Rickards Middle School

6000 NE 9th Ave, Fort Lauderdale, FL, 33334

Grades 6-8

1.46 miles away

N

Northeast High School

700 NE 56th St, Fort Lauderdale, FL, 33334

Grades 9-12

1.01 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.