Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5

$2,180,000

5299 NE 12th, Oakland Park FL, 33334

Price per sqftN/A
Property typeCommercial
Courtesy of Andrew Rosenberg with Upside Partner, LLC.

Overview

Active

Listed Aug 17, 2026

Updated Sep 4

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.

Additional information

MLS® ID
A12072664

Interior Features

Basement
No

Exterior Features

Lot Size
0.67 Acres

Other Property Details

Taxes
$11,997
Tax Frequency
Annually

Also listed on RMLS & RAGFL

MLS provider logo

Courtesy of Upside Partner, LLC., Andrew Rosenberg,
Listing Contact: 305-968-8932 

Based on information from Martin County REALTORS of the Treasure Coast, Inc. (RAMC) as of 9/4/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

©2026 Martin County REALTORS of the Treasure Coast, Inc. All rights reserved.

Data last updated 5:17 AM UTC, 9/4/2026

Powered by Luxury Presence