Upside Partners, LLC is pleased to exclusively present a rareopportunity to acquire a net-leased income property backed by oneof the strongest credit profiles in commercial real estate: a Floridamunicipality rated ‘AA’. The City of Oakland Park has 100% leased thesubject site at 5299 NE 12th Avenue under a five-year absolute… Read More netlease commenced February 1, 2025, with three (3) two-year renewaloptions 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 onpar with select cities like New York, Miami and Dallas; and (2) theunderlying real estate — a 29,175 SF B-3 commercial-industrial parcelin one of South Florida’s most supply-constrained infill industrialcorridors, providing meaningful residual value protection should theincome stream ever end. Read Less
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed.
Confirm your time
Fill in your details and we will contact you to confirm a time.
