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Fully Leased Retail Investment Opportunity
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714 N 11th Ave, Hanford, CA

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

Property Size3,772 SF
Lot Size0.59 Acres
Days on Market588

Property Features for 714 N 11th Ave

General Information

Standard status Active
Size 3,772 SF
Lot size 0.59 Acres
Property subtype RETAIL
Listing Agency: KW Commercial | Central California
Listed By: Kevin Land · License #01516541
Source: Moodyscre
Added: Dec 19, 2024 Changed: Jul 6 Last Checked: Jul 21 at 6:39AM

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

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Current Use

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

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Veterinary Clinic Travel Agency Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$0.21 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,841
Businesses Nearby

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

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 lease rate?
The lease rate is $450 /Mo.
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.
(559) 302-8698 Call to check price and availability
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