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Lancaster Spot 3120-3122 E Lancaster Ave 1,500 SF Retail Building Fort Worth, TX 76103 $265,000 ($176.67/SF) 6.79% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Minutes from Downtown Fort Worth with Downtown views
  • Completed Renovated
  • Zoned for multiple uses Retail, Office and Carlot
  • Fronts Lancaster with 17,370 Cars per day

EXECUTIVE SUMMARY

For Sale $265,000
Current Rent Break down :
Rent - $1,500.00 Per month / $1031.92 Rent / $210.83 Property Tax / $101.00 Property Insurance / $156.25 CAM
https://youtu.be/DT5koHzrpkE
Video of the property

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
1,500 SF
Building Class
C
Year Built/Renovated
1964/2022
Price
$265,000
Price Per SF
$176.67
Cap Rate
6.79%
NOI
$18,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.16 AC
Zoning
F-Moderate Intensity Comm - Zoned retail, office and for Car Sales. See City of Fort Zoning Chart Zoning is " F " Our applications are free on our website - AARealty.com
Frontage
81’ on E Lancaster Ave

AMENITIES

  • 24 Hour Access
  • Corner Lot
  • Storage Space

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 1,500 SF
  • Retail
  • -
  • Now

Our applications are free on our website when we get the application & meets the Qualifying criteria (on the qualifying criteria tab on our website) we will give lockbox code. to come tour the property at your convenience. Leasing Agent Pierce - Support@aarealty.com - 817-538-5455 - AARealty.com

Space Size Space Use Position Available
1st Floor 1,500 SF Retail - Now

1st Floor

Size
1,500 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 1,500 SF
Space Use Retail
Position -
Available Now

Our applications are free on our website when we get the application & meets the Qualifying criteria (on the qualifying criteria tab on our website) we will give lockbox code. to come tour the property at your convenience. Leasing Agent Pierce - Support@aarealty.com - 817-538-5455 - AARealty.com

NEARBY MAJOR RETAILERS

Southside Bank
Chase Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01517678
Land Assessment
$53,088
Improvements Assessment
$1,000
Total Assessment
$54,088
  • Listing ID: 35685694

  • Date on Market: 12/2/2022

  • Last Updated:

  • Address: 3120-3122 E Lancaster Ave, Fort Worth, TX 76103

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