1026 NW 9Th Ave Fort Lauderdale, FL 33311
2,700 SF commercial property in high-traffic Fort Lauderdale location.
Lot size:
0.15 AcresProperty Features for 1026 NW 9Th Ave
General Information
- Lot size
- 0.15 Acres
Building Details
- Year built
- 1961
Source:
Elliman
Listing Agent: Elior Levi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Fort Lauderdale Commercial Property For Sale
Located in the Progresso Village / South Middle River area of Fort Lauderdale, this 2,700 SF commercial property at 1026 NW 9th Ave offers exposure along a high-traffic corridor with roughly 31,500 vehicles per day. The property is just minutes from Downtown and I-95. It features 10 parking spaces and a new roof. The property is 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 of 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 upside through rent escalations and potential NNN conversion.
Location Intelligence
Current Use by Public Records
Caribbean Flavor Take ...
Takeout Restaurant
Legronz Norz Cedven ...
Takeout Restaurant
Boom Financial, Inc.
Financial Consultant
Location Insight
- Map
- Local Demand
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.1341555
- Latitude
- 26.1381003
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FAQs
What type of property is this?
Strip mall - 2,700 SF commercial property in high-traffic Fort Lauderdale location.
Where is this strip mall located?
The property is located at 1026 NW 9Th Ave Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: - High-traffic location with approximately 31,500 vehicles per day, providing excellent exposure.; - Generates an NOI of $80,459 with a 6.7% cap rate, indicating strong current income.; - Fully occupied by three tenants, ensuring immediate and stable cash flow.