Turnkey Fort Lauderdale Income Asset

Located in South Middle River, just minutes from Downtown Fort Lauderdale and I-95, this 2,700 SF commercial property at 1026 NW 9th Ave sits on a high-traffic corridor with 31,500+ vehicles per day. It includes 10 parking spaces and a new roof. Fully occupied by a nail salon, restaurant, and beauty supply store, the property generates an NOI of $80,459 at a 6.7% cap rate. All tenants have scheduled rent increases—two in January 2026 and one in December this year—driving immediate income growth. With a pro forma GOI of $106,944, this asset delivers stable cash flow with upside through rent escalations and potential NNN conversion.