1200 E Lancaster Avenue

1200 E Lancaster Avenue
Texas & Pacific Railway Add
Fort Worth, Texas. 76102
$1,277,700.00
Summary
Building SqFt: 7,440 / Public Records
Gross SqFt: 7,440 / Public Records
$/Gr SqFt: $171.73
Zoning: MU-2 - High Intensity Mixed-Use
# Units:1
Stories:
Year Built: 1920 / Preowned
Unexempt Taxes: $9,596
Leasable SqFt: 7,440
Property Description

With over 7,440 sf of rentable space on 16,250 sf 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 5 year renewal option

Property Information
Pool:
No
Handicapped Accessible:
Yes
Home Owner's Association:
No
Parking:
Directions:
See GPS.
Possession:
Negotiable,Subject to Lease
Showing:
24 Hour Notice,Appointment Only,Call Listing Agent
Property Detail
Flooring:
Concrete
Ceiling Height:
15 to 20 Feet,More than 20 Feet
Accessibility:
Accessible Approach with Ramp,Accessible Doors,Accessible Entrance,Meets ADA Requirements
Heating / Cooling:
Central,Electric
TransactionIncludes:
Building Only
Security:
Fire Alarm,Fire Sprinkler System
Construction:
Brick
Roof:
Concrete,Other
Foundation:
Slab
Garage / Parking:
Common,Electric Gate,Enclosed,Gated,Off Site,On Street,Parking Lot,Paved,Shared Driveway
Buildings:
0
Utilities:
City Sewer,City Water,Concrete,Curbs,Electricity Connected,Individual Water Meter,Phone Available
Listing Information
MLS #:
20164745
Buyers Agent:
Kimball Real Estate
Listing Agent:
Stephanie Bunn
 
(817) 991-2382
Listing Office:
Century 21 Mike Bowman, Inc.
 
- - - Information herein deemed reliable but not guaranteed - - -
All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Kimball Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

  

Kimball Real Estate

REALTORS®  -  Broker of Record: Mary Jo Thomas Kimball (License Number 172054)

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