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Details

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.

PROPERTY FEATURES

Type of Building : Store/Warehouse Combination,Warehouse Space Approximate Lot Size: 82734
Zoning Information : B-3 Geographic Area : Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700)

PROPERTY DETAILS

Street Address: 4351 NE 12th Ter
City: Oakland Park
State: Florida
Postal Code: 33334
County: Broward County
MLS Number: F10501504
Year Built: 1967
Courtesy of Native Realty Co.

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