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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
23177311
23177321

5524 E Lancaster Ave, Fort Worth, TX 76112

HS
TX 0779215
Competitive Edge Realty LLC
Listed by Competitive Edge Realty LLC
$450,000
402 days on market
Updated 44 days ago

Car Wash

Details
Property Type Industrial, Mixed Use (+1)
Sub Type Flex
Square Footage 2,835
Net Rentable (SqFt) 32,928
Units 1
Cap Rate 4.50%
NOI $18,000
Occupancy 100%
Tenancy Single
Lease Type Gross
Lease Term 5
Lease Expiration 08/09/2027
Remaining Term 2
Price per SqFt $159
Class B
Year Built 1972
Buildings 1
Stories 1
Acreage 0.252
Zoning Zoning E Neighborhood Commercial
Parking Spaces 22 spaces
Parking Per SqFt 7.76
Investment Type Net Lease
Tenant Credit No Credit Rating
Lease Commencement 08/10/2022
Ground Lease No
Ceiling Height 11-15
Ownership 100% Owned

Fully leased Car wash

Marketing description

This property located on East Lancaster presents an investment opportunity. The commercial property is currently 100% leased, making it an attractive option for those looking to expand their portfolio. This property stands as a lucrative asset with potential for appreciation in value. Ideal for investors seeking a property with an established income stream.

Investment highlights

  • Fully Leased: Provides immediate and stable cash flow

  • Diverse Use Potential: Suitable for various business types, including car wash and professional office

  • Strategic Location: Situated on East Lancaster Avenue, a high-traffic corridor with excellent visibility

  • Established Income Stream: Ideal for investors seeking a property with an existing revenue-generating tenant base

  • Potential for Appreciation: Located in a developing area, offering prospects for property value growth

Listing Contacts

HS
TX 0779215
Competitive Edge Realty LLC
Listed by Competitive Edge Realty LLC

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$18,000.00
$1,500.00/mo

Valuation Metrics

0
DSCR
4%
Cap Rate
4%
ROI

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Additional Information

Name
Hayman Shwan
License
0779215
Brokerage
Competitive Edge Realty
Brokerage Phone
2146042477
Title
Real Estate Agent
Brokerage Address
136 Guadalupe Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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