About 1026 Nw 9th Avenue
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.
Features of 1026 Nw 9th Avenue
| MLS® # | A12029539 |
|---|---|
| Price | $1,050,000 |
| Acres | 0.15 |
| Year Built | 1961 |
| Type | Commercial |
| Sub-Type | Retail |
| Status | Active |
Community Information
| Address | 1026 Nw 9th Avenue |
|---|---|
| Area | 3390 |
| City | Fort Lauderdale |
| County | Broward |
| State | FL |
| Zip Code | 33311 |
| HOPA | No Hopa |
Additional Information
| Zoning | B-1 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Fausto Commercial Realty Consultants Inc |
|---|