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$7,000,000
Property 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 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.
Full Property Details
Full Property Details for 4351 NE 12th Terrace
General
- Sold For: $7,000,000
- Taxes: (2024)
- Status: Closed
- Type: Warehouse
- Source: Greater_Miami
- MLS ID: F10501504
- Added to Site: 406 day(s) ago
Business
- Business Type: Retail Space, Education/School, Warehouse Space
Location
- County: Broward County
Structural Information
- Structure Type: Mobile/Rv Parks, Office/Retail, Office/Warehouse Combination, Retail, Store/Warehouse Combination, Warehouse, Industrial
- Detached/Attached: Detached
- Building Size: 33231
- Year Built: 1967
Lot Features
- Lot Size (Acres): 1.8992
- Lot Size (Sq. Ft.): 82,734
- Zoning: B-3
Financial Considerations
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Sale
- 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
- Property ID: 494223000104
Listed and Sold by Native Realty Co.
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Schools
Schools serving 4351 NE 12th Terrace
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Oakland Park Elementary School 936 Northeast 33rd Street, Oakland Park, FL 33334 | PK-5 | 1 mi |
James S. Rickards Middle School 6000 Northeast 9th Avenue, Oakland Park, FL 33334 | 6-8 | 1.5 mi |
Northeast High School, Oakland Park, FL 700 Ne 56th St, Oakland Park, FL 33334 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4351 NE 12th Terrace
Date
Details
Price
Change
Source
12/18/2025
Sold
$7,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4351 NE 12th Terrace, Oakland Park, FL 33334 (MLS# F10501504) is a Warehouse property that was sold at $7,000,000 on December 18, 2025. Want to learn more about 4351 NE 12th Terrace? Do you have questions about finding other Warehouse real estate for sale in Oakland Park? You can browse all Oakland Park real estate or contact a Coldwell Banker agent to request more information.
