BreakThru Realty

5299 NE 12th Avenue, Oakland Park, FL 33334

$2,180,000 · Industrial for sale

  • Property type: Industrial
  • Asking price: $2,180,000
  • Lot size: 29,185 sq ft
  • Zoning: B-3
  • Tenant pays: Exterior Maintenance, Taxes, Trash Collection, Water, Interior Maintenance, Real Estate Taxes, Maintenance
  • Parcel ID: 494214200100
  • MLS#: A12072664
Photo 1 at 5299 NE 12th Avenue, Oakland ParkPhoto 2 at 5299 NE 12th Avenue, Oakland ParkPhoto 3 at 5299 NE 12th Avenue, Oakland ParkPhoto 4 at 5299 NE 12th Avenue, Oakland ParkPhoto 5 at 5299 NE 12th Avenue, Oakland ParkPhoto 6 at 5299 NE 12th Avenue, Oakland ParkPhoto 7 at 5299 NE 12th Avenue, Oakland ParkPhoto 8 at 5299 NE 12th Avenue, Oakland Park

About this property

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.

Operating Statement

Gross scheduled income$131,040/yr
Property taxes$11,997/yr
Other$11,093/yr

Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Upside Partner, LLC. · andrew@upsidecre.com · Listing agent: Andrew I. Rosenberg

BeachesMLS logo All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Request a tour or more information

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 5299 NE 12th Avenue or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.

Questions About 5299 NE 12th Avenue

How much is 5299 NE 12th Avenue?
5299 NE 12th Avenue is listed at $2,180,000. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
What is 5299 NE 12th Avenue zoned?
The listing reports zoning of B-3. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
What are the property taxes on 5299 NE 12th Avenue?
The listing reports annual property taxes of $11,997. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
How do I tour 5299 NE 12th Avenue?
Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

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