1026 NW 9th Ave, Fort Lauderdale FL 33311

About This Property

Located in the Progresso Village / South Middle River area of Fort Lauderdale, just minutes from Downtown and I-95, this 2,700 SF commercial property at 1026 NW 9th Ave offers excellent exposure along a high-traffic corridor with roughly 31,500 vehicles per day. The property features 10 parking spaces and a new roof for reliability. Fully occupied by three tenants—two restaurants and a beauty supply store—it generates an NOI of $75,845.67. All tenants have scheduled rent increases—two in January 2026 and one in December this year—creating immediate and continued income growth. With a pro forma GOI of $105,828.00, this fully leased asset offers stable cash flow and strong upside through rent escalations and potential NNN conversion.

Property Details

Property Type

Retail

Status

Active

MLS #

A12029539

Building Area

2,700 SF

Lot Size

6,751 SF

Year Built

1961

Zoning

B-1

Days on Market

0

Price

$1,050,000