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714 N 11Th Ave Hanford, CA 93230

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For Sale
$575,000

Fully leased retail investment with long-term tenants and easy access.

Property size:
3,772 SF
Lot size:
0.59 Acres

Property Features for 714 N 11Th Ave

General Information

Size
3,772 SF
Lot size
0.59 Acres

Source: KW Commercial | Central California Agent Jared Ennis

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Fully Leased Retail Investment Opportunity

This fully leased investment property features functional retail spaces that are easy to rent. The property includes seven retail spaces, offering an investment opportunity with long-term tenants, low turnover, and low maintenance. The building is equipped with separate HVAC systems and meters. It provides easy access from surrounding major corridors and to Highway 198 on and off ramps. Excellent existing signage and ample parking contribute to great exposure. The property has a 5.18% existing cap rate and a 6.64% cap rate after rent increases. The property contains 3,772 square feet and features separate suites and multiple configurations.
Insight Report Location Intelligence

Current Use by Public Records

Farmers Insurance Insurance Agency Farmers Insurance - Jessica ... Insurance Agency

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Hanford
County
Kings
State
California
Longitude
-119.6554355
Latitude
36.3331149

FAQs

What type of property is this?
Strip mall - Fully leased retail investment with long-term tenants and easy access.
Where is this strip mall located?
The property is located at 714 N 11Th Ave Hanford, CA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: - Fully leased investment with long-term tenants providing immediate income.; - High cap rate: **5.18% existing, increasing to 6.64% after rent increases.**; - Excellent location with easy access from major corridors and highway 198.
More about this property
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