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5601 E Lancaster Ave 34,944 SF 22% Leased Retail Building Fort Worth, TX 76112 $2,500,000 ($71.54/SF)

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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.

Property Facts

Sale Type

Investment or Owner User

Property Type

Retail

Property Subtype

Freestanding

Building Size

34,944 SF

Building Class

Year Built

1962

Price

$2,500,000

Price Per SF

$71.54

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

Dedicated Turn Lane

Pylon Sign

Signage

Waterfront

Major Tenants

God's Missionary Baptist Church
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KTC Food Mart
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Lancaster Hall
Services
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Professional, Scientific, and Technical Services
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Toro Taxes has expanded to more than 100 franchise locations throughout the United States in over 10 years. They have provided trusted and effective tax services to local communities with experienced tax advisors who are friendly and understanding. As a minority owned and operated business, Toro understand how important tax returns can be for immigrant and minority families in America. Their tax advisors can provide clients with a fast tax refund estimate and then work with them to pursue a maximum tax refund.

Tenant	Industry	SF Occupied	Rent/SF	Lease End
God's Missionary Baptist Church	-	-	-	-
KTC Food Mart	-	-	-	-
Lancaster Hall	Services	-	-	-
	Professional, Scientific, and Technical Services	-	-	-