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.
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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: Industrial
- Source: Regional
- MLS ID: F10501504
- Added to Site: 337 day(s) ago
Location
- County: Broward
Community
- Community Name: 3360
Structural Information
- Structure Type: Retail, Warehouse
- Building Size: 33231
- Aprox. Leasable: 32,436 Sq. Ft.
- Year Built: 1967
Lot Features
- Lot Size (Acres): 1.9
- Lot Size (Sq. Ft.): 82,729.15
- Zoning: B-3
Financial Considerations
- Tax Year: 2024
Disclosures and Reports
- 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.
Listing agent
— 4351 NE 12th Terrace —
Native Realty Co.
NMLS#: 1598647Get Pre-Approved Today
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
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4351 NE 12th Terrace, , FL (MLS# F10501504) is a Industrial 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 Industrial real estate for sale in ? You can browse all real estate or contact a Coldwell Banker agent to request more information.