

Listed by Fausto Commercial
$1,050,000
1026 NW 9th Ave
Details
APN 494234051790
Property Type Retail
Sub Type Storefront, Retail Space
Square Footage 2,719
Year Built 1961
Buildings 1
Lot Size (SqFt) 6,751
Zoning B-1
Retail | 2,719 SqFt
Marketing 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.
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Listed by Fausto Commercial
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Zoning
B-1 CommercialSpecial CommercialBoulevard Business
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View all 146 uses Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
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