116 W 6Th St Hanford, CA 93230

This 25,000 square foot retail space is a 100% leased investment opportunity with a freestanding absolute NNN zero landlord responsibility guaranteed lease. The current tenant, Ideal Furniture Gallery, has occupied the space since 2013 and recently signed a lease extension through December 2025. The lease includes $500 annual increases through 2025. The tenant has made substantial improvements to the functional floor plan, including a full building remodel to suit their business needs. Upgrades in 2016 include brand new HVAC units paid for by the tenant. An additional 9,000 square foot basement is currently leased for storage. The property is located in vibrant downtown Hanford, positioned off 6th Street and Douty Street, which have high traffic counts. Ideal Furniture Gallery operates seven locations throughout central California from this location. Built-to-suit in 2013, the property has a newly remodeled interior, freshly updated amenities, and a pristine exterior. The building sits across from city-maintained free parking lots. The tenant has 12 years left in options through November 2037. The property is located in an under-built market with a strong need for these type of spaces.