Rare opportunity to acquire a 100% NNN Commissary Kitchen and Entertainment Venue.

Commissary kitchens are in very high demand and short supply. Food delivery is a multi-billion dollar industry with high barriers to entry as commissary/ghost kitchens are very expensive to replicate and hard to locate close to central business districts. The subject property features an irreplaceable location, which is centrally located East of I-95 and close enough to service Downtown Fort Lauderdale, Oakland Park and Wilton Manors all within a short 15-20 minute drive radius.

The subject property features two tenants, both with seasoned tenures at the subject property creating stability and credit in the rent roll. The property features ample on-site surface parking, as well as loading bays at dock height for ease of food and supply deliveries.

Address:  4351 NE 12th Terr., Oakland Park, FL 33334

Price: $11,000,000

Building: 32,436 sq. feet

Land: 82,734 sq. feet

Income: $585,560.25/year

Cap Rate: 5.32%

Lese Format: NNN

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4351 NE 12th Terr New Construction