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Home > Commercial > Retail Space > A11891960



Retail Space
$1,200,000
1026 NW 9th Ave Fort Lauderdale, FL

A11891960

44 of 143 for Sale
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  • Listed On:

    Oct 13, 2025
  • Days on Market:

    53
  • Year:

    1961
  • Taxes:

    $8,921 per year
  • Floor Description:

  • Occupancy:

  • Zoning:

  • Parking:

1026 NW 9th Ave Fort Lauderdale, FL 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—a nail salon, restaurant, and beauty supply store—it generates an NOI of $80,459 with a 6.7% cap rate. 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 $106,944, this fully leased asset offers stable cash flow and strong upside through rent escalations and potential NNN conversion.

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For Sale Details

  • Photo Count

    18

  • Property Type

    Commercial Sale

  • SqFt Total

    6751

  • Year Built

    1961

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