
2.180.000 USD
Proprietà Industriale in Vendita, 5299 NE 12th Ave, Oakland Park, Florida 33334, Stati Uniti
- Numero MLSA12072664
Inserito da Upside Partner, LLC.
L'immobile Proprietà Industriale situato all'indirizzo 5299 NE 12th Ave, Oakland Park, Florida 33334, Stati Uniti è attualmente in vendita.
Descrizione
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.
Località
5299 NE 12th Ave, Oakland Park, Florida 33334, Stati Uniti
Caratteristiche delle proprietà
Lotto/Terreno
- Superficie del terreno/lotto:
2.710 m² (29.175 ft²)