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Wade M. Berlin

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Broker IDX Sites Inc.
The Real Estate Professional You Deserve
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4351 12th Ter
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PRICED AT ONLY: $7,499,000

Address: 4351 12th Ter, Oakland Park, FL 33334

Description

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 hurdlesespecially in urban areas. Located just east of I 95, the property services Downtown Fort Lauderdale, Oakland Park, and Wilton Manors within a 1520 minute drive. The property is occupied by two experienced tenants, providing stable income and credit strength. With one lease nearing expiration, theres 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.
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  • MLS#: F10501504 ( Commercial/Industrial )
  • Street Address: 4351 12th Ter
  • Viewed: 8
  • Price: $7,499,000
  • Price sqft: $226
  • Waterfront: No
  • Year Built: 1967
  • Bldg sqft: 33231
  • Days On Market: 172
  • Acreage: 1.90 acres
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Features
Building and Construction
  • Maximum Leasable Sqft: 32436
  • Typeof Building: Store/Warehouse Combination, Warehouse Space
Property Information
  • Transaction Type Mlx: Sale
  • Typeof Property: Industrial
Land Information
  • Lot Sq Footage: 82734
  • Total Acreage: 1.8992
Finance and Tax Information
  • Tax Year: 2024
Other Features
  • Board Identifier: BeachesMLS
  • Country: United States
  • Geographic Area: Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700)
  • Legal Description: 23-49-42 COMM AT NW1/4 COR OF SEC 23, W 50 S 104.78 TO POB, CONT S 255, W 323.80 TO E R/W/L OF FEC R/R, N 255 ALG E R/W/L, E 325.07 TO POB
  • Parcel Number: 494223000104
  • Postal Code + 4: 4724
  • Section: 23
  • Zoning Information: B-3

Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin