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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
Storefront Retail/Office
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

  • Listing ID: 19799379

  • Date on Market: 6/5/2020

  • Last Updated:

  • Address: 1200 E Lancaster Ave, Fort Worth, TX 76102