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1026 NW 9th Ave, Fort Lauderdale, FL 33311
Property Stats
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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Listing Courtesy of Fausto Commercial Realty Consultants Inc
The data relating to real estate for sale on this website comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above is provided courtesy of iHomefinder and Miami Association of REALTORS® The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Miami-JTHS data last updated at March 17, 2026, 8:12 AM ET
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