5601 E Lancaster Ave - Freestanding FOR SALE


Fort Worth, TX 76112- Handley
$2,500,000 USD
469-268-5609
5601 E Lancaster Ave, Fort Worth, TX for Sale
$2,500,000 USD
Freestanding - FOR SALE
1/16
null | Request Cap Rate

5601 E Lancaster Ave
Fort Worth, TX 76112
Handley


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$72 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

2.39 AC

LAND SF

104,021 SF

ZONING

F

APN/PARCEL ID

05755581,06256856

ASK ABOUT THIS PROPERTY

Pegah GanjiTransglobal Realty AdvisorsMore Info
469-268-5609

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Pegah GanjiTransglobal Realty AdvisorsMore Info
469-268-5609

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.