1020 12Th Ave Hanford, CA 93230
This exceptional Class A retail property in Hanford, California, presents a unique investment opportunity. Located at 1020 S 12th Ave, 93230, this 0.29-acre lot (APN 011-090-003) offers a build-to-suit (BTS) drive-thru option for a single-tenant occupancy. The site boasts ±2,000 to 4,000 square feet of potential building space, perfectly situated on a high-traffic intersection in Kings County, providing excellent visibility and accessibility. The property benefits from its proximity to a newly constructed (2024) shopping center, sharing its modern aesthetic with new façade treatments, storefront glass, architectural icons, and landscaping. Ample parking is available in a private, fully lit lot, complete with three electric vehicle charging stations and multiple access points. This location serves as a central hub connecting Hanford, Lemoore, Armona, and other surrounding communities, capitalizing on major north/south and east/west transportation corridors with high traffic counts. A ground lease is available for $84,000 per year NNN. The build-to-suit drive-thru option offers approximately 2,000 to 3,422 square feet of building space on a 20,701 square foot lot (144.17' x 143.58'). The property is zoned for commercial use and was built in 2024. Contact for pricing details.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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