DebraParsons
MLS#A12029539
STATUSActive
PROPERTY TYPECommercial - Retail
Property 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.
Property Features
Property Type: Commercial - Retail
Lot Size: 0.15 Acres
Stories: 1.0
Taxes: $12,565
Year Built: 1961
Feature Descriptions
Crops Included Y/N: No
Home Warranty Y/N: No
Lease Considered Y/N: No
Listing Terms: All Cash, Conventional/Refinance
Parcel#: 494234051790
Property Attached Y/N: No
Property Sub-Type: Retail
Sewer: Public Sanitation
Water: Public
Listed By / Shown By
Listed By
Agency Name: Fausto Commercial Realty Consultants Inc
Agency Phone: 954-743-7594
Shown By
Agent Name: Debra Parsons
Agent Phone: Cell: (754) 234-2951
Agency Title: Realty 100
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1026 NW 9th Ave | MLS# A12029539
This commercial property located at 1026 NW 9th Ave , Fort Lauderdale, FL 33311 is currently listed for sale with an asking price of $1,050,000. Search Fort Lauderdale real estate on dparsons.realty100.com today.