1026-1030 NW 9th Ave 2,719 SF 100% Leased Retail Building Fort Lauderdale, FL 33311 $1,446,900 CAD ($532.14 CAD/SF) 7% Cap Rate

Strip Retail Plaza for sale in Fort Lauderdale's Located in the Progresso Village / South Middle River area of Fort Lauderdale, just minutes from Downtown and I-95, this 2,719 SF freestanding retail property offers strong exposure along a high-traffic corridor carrying an estimated 31,500 vehicles per day.
The property is fully occupied by three tenants — a nail salon, a restaurant, and a beauty supply store — operating on month-to-month leases with built-in annual rent increases, delivering stable and growing income from day one of ownership.
The asset generates a net operating income of $73,543.00, reflecting a going-in cap rate of 7.0%.
The site also sits within a designated Opportunity Zone, and recent capital improvements — including a new roof and 10 dedicated on-site parking spaces — support long-term operational reliability and reduce near-term capital expenditure risk for a new owner.