Property 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.
Address Map
FL
Broward County
Fort Lauderdale
33311
1026 NW 9th Ave
W81° 50' 47.3''
N26° 8' 15.5''
MLS Addon
1026 NW 9th Ave, Fort Lauderdale, Florida 33311
$1,100,000
6,751 size sq.ft.
Listing ID #A11891960
Basic Details
Property Type Commercial Sale
Listing Type For Sale
Listing ID A11891960
Price $1,100,000
Year Built 1961
Days on Market 162
Building Area 2,700 Sqft
Status Active
Property SubType Retail
Lot Area 6,751 Sqft
List Date 2026-03-14
On Market Date 07/10/2025
MiamiInvestrealty
