1200 E Lancaster Ave
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For Sale

1200 E Lancaster Ave

1200 E Lancaster Ave, Fort Worth, TX 76102

$1,150,000
With over 7,440 sf of rentable space on 16,250 of property and an open floor plan, a new owner may take advantage of the lease in place or choose to occupy the space. This building is zoned “MU-2” allowing for a variety of business and housing types among commercial, institutional, and select light industrial uses, and does not require a specific parking ratio. The Tenant, Bad Axe Throwing, operates the world's biggest urban axe-throwing club. Bad Axe Throwing was founded in 2014 in Ontario and quickly expanded across Canada and the United States with over 40 locations. Highlights: 9% CAP rate Tenant responsible for all utilities, Fully renovated in 2019, 3.75 years left on 7-year lease with a 5-year renewal option.

0.5 Acres lot

Stephanie Bunn

Stephanie Bunn

Features & Amenities

Area & Lot

  • Status For Sale
  • Lot Area0.5 Acres
  • MLS® ID20164745
  • TypeCommercial
  • YEAR BUILT1920

Financial

  • Sales Price$1,150,000
1200 E Lancaster Ave

Fully renovated in 2019, 3.75 years left on a 7-year lease with a 5-year renewal option.

– Stephanie Bunn
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Schedule a Showing

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Work With Stephanie

As a commercial real estate agent and marketing/communications professional, Stephanie's multi-faceted experience includes managing schedules and budgets, building relationships, planning and executing brand strategy for local businesses as it relates to the real estate industry.

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