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    Medical Office Near Adventist Health Title is generated by Realmo AI

    319 Mall Dr, Hanford, CA

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    Move-in ready medical space near Adventist Health Hospital.

    Type:OFFICE
    Property size:
    6,654 SF
    Lot size:
    0.72 Acres
    Price / SF:
    $330/SF
    Added:
    Jul 15, 2023
    Days on Market:
    1062
    Last Refresh:
    May 19 at 10:40 pm

    Property Features for 319 Mall Dr

    General Information

    Standard status
    Active
    Size
    6,654 SF
    Lot size
    0.72 Acres
    Property subtype
    OFFICE

    Properties For Sale

    at 319 Mall Dr Contact us

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    Listing Contact
    Zack Kaufman
    Zack Kaufman

    Listing agent Scott Buchanan License #01902869

    Listing office Colliers | Fresno

    Listing date Jul 15, 2023

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Colliers | Fresno

    HighLights

    • Prestigious Mall Drive location in Class “A” Medical/Office Complex
    • Fully built‑out, move‑in ready medical space
    • Walking distance to Adventist Health Hospital and Hanford Mall
    • Hospital quality amenities
    • Back‑up generator
    • Medical gas system

    Overview

    This 6,654 square foot medical space is located on Mall Drive in a Class A medical/office complex. The property is move-in ready and features hospital-quality amenities, including a back-up generator and a medical gas system. It is within walking distance of Adventist Health Hospital and Hanford Mall.

    Local Financial Insights For Healthcare Medical

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $285.9k $42.96
    − Vacancy −$40.6k −$6.10
    EGI $245.3k $36.86
    − OpEx −$98.1k −$14.74
    NOI $147.2k $22.12
    6,654 SF · lease $42.96/SF/yr · vacancy 14.20% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $2.10M
    $1.84M – $2.45M (±1% cap)
    NOI $147,159 @ 7.0% cap · market cap 6.69%
    Second Best
    Office B
    $1.30M
    $1.14M – $1.52M (±1% cap)
    NOI $90,907 @ 7.0% cap · market cap 4.13%
    Theoretical Best
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Noble Portable Toilet ... Building Supply

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • Hanford Veterinary Hospital 1417 Glendale Ave, Hanford, CA 93230
    • Burgess G Francis DVM CLOSED, 905 Campus Dr, Hanford, CA 93230
    • Swasey Rhett DVM 1417 Glendale Ave, Hanford, CA 93230
    • Lacey Animal Hospital Hanford 1863 W Lacey Blvd, Hanford, CA 93230

    Location Insight

    • Map
    • Local Demand
    City
    Hanford
    County
    Kings
    State
    California
    Longitude
    -119.668
    Latitude
    36.3265

    FAQs

    What type of property is this?
    Medical Office Space - Move-in ready medical space near Adventist Health Hospital.
    Where is this medical office space located?
    The property is located at 319 Mall Dr Hanford, CA.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: Prestigious Mall Drive location in Class “A” Medical/Office Complex; Fully built‑out, move‑in ready medical space; Walking distance to Adventist Health Hospital and Hanford Mall
    (559) 221-1271 Call to check price and availability
    More about this property
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