Fort Lauderdale, FL 33311
Property Type
Retail
Year Built
1961
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.
Fort Lauderdale
A11891960
Fort Lauderdale
Retail
1961
Retail
1
One
1961
B-1
Fort Lauderdale
florida
Total$5,504.18/Month
*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.
Fort Lauderdale, Florida, is a dynamic coastal city known for its miles of waterways, sandy beaches, and lively cultural scene. Its downtown features a growing arts district, museums, galleries…
Information is deemed reliable but is not guaranteed and should be independently verified.