
$1,050,000
Retail Property for Sale, 1026 NW 9th Ave, Fort Lauderdale, Florida 33311
- MLS#A12029539
Listed By Fausto Commercial Realty Consultants Inc
The Retail Property for Sale located at 1026 NW 9th Ave, Fort Lauderdale, Florida 33311 is currently for sale.
Description
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.
Location
1026 NW 9th Ave, Fort Lauderdale, Florida 33311
Property features
Lot/Land
- Land/Lot size:
627 m² (6,751 ft²)
Construction
- Year built: 1961
Utilities
- Other utilities: Public