Mixed-Use Property – 2,700 SF in Fort Lauderdale, FL – Turnkey Investment with High Traffic Exposure

Category: Mixed-Use

Price:$1,100,000

Location: Fort Lauderdale, FL

Year Built: 1961

Days on Market: 67

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.

Please visit Fausto Commercial Realty

Listing Code: 1139710857