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5601 E Lancaster Ave 34,944 SF 22% Leased Retail Building Fort Worth, TX 76112 $3,463,100 CAD ($99.10 CAD/SF)
Executive Summary
This prime property presents a value-add opportunity for investors and owner-operators. The 34,944 SF building with 6 existing tenants offers immediate rental income and significant potential for growth. The versatile layout is ideal for a gym, furniture store, event center, banquet hall, or an owner looking to occupy a portion while collecting rent from the remaining units. Two of the units have operated as a successful event center for over 14 years, providing proven business model. Built in 1962, the property blends classic charm with functional commercial spaces. Zoned F, it allows flexibility for a wide range of business ventures.
Situated along the high-traffic East Lancaster Avenue corridor, the property benefits from strong visibility and access to major arterials. The surrounding trade area has a growing population and rising household incomes, reflecting expanding customer bases and redevelopment activity. The area is considered transitioning, with new mixed-use developments and improvements underway. All provided information should be verified.
Situated along the high-traffic East Lancaster Avenue corridor, the property benefits from strong visibility and access to major arterials. The surrounding trade area has a growing population and rising household incomes, reflecting expanding customer bases and redevelopment activity. The area is considered transitioning, with new mixed-use developments and improvements underway. All provided information should be verified.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
34,944 SF
Building Class
C
Year Built
1962
Price
$3,463,100 CAD
Price Per SF
$99.10 CAD
Percent Leased
22%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.34
Lot Size
2.39 AC
Zoning
F - Commercial
Parking
80 Spaces (2.29 Spaces per 1,000 SF Leased)
Frontage
172’ on Lancaster Ave
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Waterfront
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- God's Missionary Baptist Church
- -
- -
- -
- -
- KTC Food Mart
- -
- -
- -
- -
- Lancaster Hall
- Services
- -
- -
- -
-
- Professional, Scientific, and Technical Services
- -
- -
- -
Toro Taxes a étendu ses activités à plus de 100 franchises à travers les États-Unis en plus de 10 ans. Ils ont fourni des services fiscaux fiables et efficaces aux collectivités locales avec des conseillers fiscaux expérimentés, amicaux et compréhensifs. En tant qu'entreprise détenue et exploitée par une minorité, Toro comprend à quel point les déclarations de revenus peuvent être importantes pour les familles d'immigrants et de minorités en Amérique. Leurs conseillers fiscaux peuvent fournir aux clients une estimation rapide du remboursement d'impôt, puis travailler avec eux pour obtenir un remboursement d'impôt maximal.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| God's Missionary Baptist Church | - | - | - | - | ||
| KTC Food Mart | - | - | - | - | ||
| Lancaster Hall | Services | - | - | - | ||
|
|
Professional, Scientific, and Technical Services | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 2807
- 1,360 SF
- Retail
- -
- Now
- 5601B
- 18,720 SF
- Retail
- -
- Now
- 5601C
- 8,900 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 2807 | 1,360 SF | Retail | - | Now |
| 5601B | 18,720 SF | Retail | - | Now |
| 5601C | 8,900 SF | Retail | - | Now |
2807
| Size |
| 1,360 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
5601B
| Size |
| 18,720 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
5601C
| Size |
| 8,900 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,812,079 CAD | |
| Land Assessment | $308,436 CAD | Total Assessment | $2,120,515 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$308,436 CAD
Improvements Assessment
$1,812,079 CAD
Total Assessment
$2,120,515 CAD
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5601 E Lancaster Ave
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