
2.180.000 US$
Propiedad Industrial en Venta, 5299 NE 12th Ave, Oakland Park, Florida 33334, Estados Unidos
- MLS NºA12072664
Anunciado por Upside Partner, LLC.
La Propiedad Industrial en Venta ubicada en 5299 NE 12th Ave, Oakland Park, Florida 33334, Estados Unidos actualmente está en venta
Descripción
Upside Partners, LLC is pleased to exclusively present a rare
opportunity to acquire a net-leased income property backed by one
of the strongest credit profiles in commercial real estate: a Florida
municipality rated ‘AA’. The City of Oakland Park has 100% leased the
subject site at 5299 NE 12th Avenue under a five-year absolute net
lease commenced February 1, 2025, with three (3) two-year renewal
options 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 on
par with select cities like New York, Miami and Dallas; and (2) the
underlying real estate — a 29,175 SF B-3 commercial-industrial parcel
in one of South Florida’s most supply-constrained infill industrial
corridors, providing meaningful residual value protection should the
income stream ever end.
Ubicación
5299 NE 12th Ave, Oakland Park, Florida 33334, Estados Unidos
Características de la propiedad
Parcela/terreno
- Tamaño del terreno/parcela:
2.710 m² (29.175 ft²)