End Cap Anchor Retail
510-826 N 11th Ave, Hanford, CA 93230
For Sale
Contact for pricing
22,624 SF end cap retail space with an open floor plan, ample parking, and direct 11th Ave visibility in Hanford Towne Center.
Property Size22,624 SF
Price / SF$184.98
Days on Market307
Property Features for 510-826 N 11th Ave
General Information
Standard status
Size
Property subtype
Site & Location
End Cap
Traffic Count
Building Details
Tenancy
Listing Agency:
KW Commercial | Central California
(559) 705-1000
Listed By:
Jared Ennis
(559) 302-8698
Source:
Moodyscre
Added: Jan 7
Changed: Nov 3
Last Checked: Nov 8 at 9:03AM
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 KW Commercial | Central California
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Investment Insights
Based on property information with market context.
End cap anchor retail space totaling 22,624 square feet, located within Hanford Towne Center shopping center. The space is described as move-in ready and features an open floor plan designed to support a wide variety of retail uses.
The property is positioned for visibility off 11th Avenue and W. Lacey Blvd, with average daily traffic counts of 41,214 at the intersection. It is also close to major traffic generators, including Hwy 198 and Lacey Blvd, and set within a populated trade area of 106,775 people within a 10-mile radius. The center is described as surrounded by national tenants that include banks, retail stores, QSRs, and a grocery-anchored mix.
On-site parking is described as ample, with multiple access points to support customer arrivals and day-to-day operations.
The property is positioned for visibility off 11th Avenue and W. Lacey Blvd, with average daily traffic counts of 41,214 at the intersection. It is also close to major traffic generators, including Hwy 198 and Lacey Blvd, and set within a populated trade area of 106,775 people within a 10-mile radius. The center is described as surrounded by national tenants that include banks, retail stores, QSRs, and a grocery-anchored mix.
On-site parking is described as ample, with multiple access points to support customer arrivals and day-to-day operations.
Key Highlights
- 22,624 SF anchor retail space in Hanford Towne Center shopping center
- End cap open floor plan designed for a wide variety of uses
- Direct visibility off 11th Ave and W. Lacey Blvd
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$223,536
Cap Rate
5.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,470,720
$4.5M
Cap Rate 7%
$3,193,371
$3.2M
Cap Rate 9%
$2,483,733
$2.5M
Market Conditions
NOI Build-Up for 22,624 SF
Gross rent
$339.4K $15.00/SF
− Vacancy
−$20.0K −$0.89/SF
EGI
$319.3K $14.11/SF
− OpEx
−$95.8K −$4.23/SF
NOI
$223.5K $9.88/SF
Area
Kings County, CA
Vacancy
5.90%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,470,720
Cap Rate 7%
$3,193,371
Cap Rate 9%
$2,483,733
Alternative Uses
Best Use
Retail
$3.19M
$2.79M – $3.73M
NOI $223,536 @ 7.0% cap · market cap 5.34%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$7.15M
$6.25M – $8.34M
NOI $500,348 @ 7.0% cap · market cap 11.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
41,214 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,059
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93230, CA
68,412
Population
23,149
Households
3
Avg Household Size
34
Median Age
17%
College-Educated
81%
High-School Grad
258.1 sq mi
ZIP Area
265
Density / Sq Mi
$73,558
Median Household Income
$44,074
Median Earnings
$1,208
Median Rent
$321,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Botánica abierta — Hanford, CA 93230
Frequently Asked Questions
What type of property is this?
Shopping center - 22,624 SF end cap retail space with an open floor plan, ample parking, and direct 11th Ave visibility in Hanford Towne Center.
Where is this shopping center located?
The property is located at 510-826 N 11th Ave Hanford, CA.
What is the asking price?
The asking price for this property is $4,185,000.
What are key features of this property?
This property features: 22,624 SF anchor retail space in Hanford Towne Center shopping center; End cap open floor plan designed for a wide variety of uses; Direct visibility off 11th Ave and W. Lacey Blvd
