1200 E Lancaster Ave | Fort Worth, TX 76102
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- LoopNet Team
1200 E Lancaster Ave
Fort Worth, TX 76102
Cash-Flowing Single Tenant Opportunity · Retail Property For Sale
Investment Highlights
- Investment opportunity to own cash-flowing single tenant with 3.5 years remaining on a 7-year lease with a renewal option.
- A fully renovated 7,440 SF single-story building, the façade displays historic characteristics, optimal signage, and parking.
- Conveniently zoned in the MU-2 High-Intensity Mixed-Use District allowing for a variety of business and housing types among commercial.
- Strong consumer spending on food and alcohol away from home is over $369,000 within a five-mile radius.
- High visibility on East Lancaster Avenue with a 9,717 VPD count and great accessibility to the Dallas/Fort Worth Metroplex through I-35 and I-30.
- The tenant, Bad Axe Throwing, operates the world's biggest urban axe throwing club.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
7,440 SF
Building Class
B
Year Built/Renovated
1920/2019
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.46
Lot Size
0.37 AC
Zoning
MU-2 - MU-2 for higher density, mixed-use, pedestrian-oriented development for designated mixed-use growth centers High Intensity Mixed-Use, urban villages.
Parking
15 Spaces (2.02 Spaces per 1,000 SF Leased)
Frontage
100 ft on Lancaster
Amenities
- Bus Line
- Fenced Lot
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 41491130 | Improvements Assessment | $423,674 |
| Land Assessment | $58,342 | Total Assessment | $482,015 |
PROPERTY TAXES
Parcel Number
41491130
Land Assessment
$58,342
Improvements Assessment
$423,674
Total Assessment
$482,015
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