1200 E Lancaster Ave

With over 7,440 sf of rentable space on 16,250 of property and an open floor plan, a new owner may take advantage of the lease in place or choose to occupy the space. This building is zoned “MU-2” allowing for a variety of business and housing types among commercial, institutional, and select light industrial uses, and does not require a specific parking ratio. The Tenant, Bad Axe Throwing, operates the world's biggest urban axe-throwing club. Bad Axe Throwing was founded in 2014 in Ontario and quickly expanded across Canada and the United States with over 40 locations. Highlights: 9% CAP rate Tenant responsible for all utilities, Fully renovated in 2019, 3.75 years left on 7-year lease with a 5-year renewal option.