This Retail Property is no longer advertised on LoopNet.com.
1200 E Lancaster Ave
Fort Worth, TX 76102
Cash-Flowing Single Tenant Opportunity · Retail Property For Sale
![1200 E Lancaster Ave, Fort Worth, TX for sale - Building Photo - Image 1 of 1](https://images1.loopnet.com/i2/_wE4PQhjjwnZIp_BOKr0NZo0DuDGxsCMuXH_FXG6QKU/110/1200-E-Lancaster-Ave-Fort-Worth-TX-Building-Photo-1-Large.jpg)
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
- Showroom
- Industrial Warehouse
- Office Industrial Live Work Unit
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
LINKS
PROPERTY TAXES
Parcel Number | 41491130 | Improvements Assessment | $295,017 |
Land Assessment | $40,625 | Total Assessment | $335,642 |
Listing ID: 19799379
Date on Market: 6/5/2020
Last Updated:
Address: 1200 E Lancaster Ave, Fort Worth, TX 76102
The Near East Side Retail Property at 1200 E Lancaster Ave, Fort Worth, TX 76102 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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