1020 12Th Ave Hanford, CA 93230
This exceptional Class A retail strip center, completed in 2024, offers thirteen suites totaling 15,116 square feet, with individual spaces ranging from 720 to 4,000 contiguous square feet. Located at 1020 S 12th Ave, Hanford, CA 93230, this property boasts a prime location at a high-traffic intersection on the major North/South and East/West transportation corridors, ensuring excellent visibility and accessibility. The 1.59-acre lot features ample parking with three electric vehicle charging stations and multiple access points. The building showcases a modern façade with new storefront glass, architectural accents, and lush landscaping. Interior finishes are equally impressive, including new hard-surface flooring, crown molding, updated HVAC systems, energy-efficient LED lighting, and fresh interior and exterior paint. Each suite benefits from separate gas and electric meters. Exterior lighting includes 30+ LED lights for enhanced nighttime visibility. A ground lease opportunity is also available for approximately 0.29 acres (12,632 square feet) at $84,000 per year NNN. Additionally, build-to-suit drive-thru options are available, ranging from approximately 2,000 to 3,422 square feet on a 20,701 square foot lot. The property is zoned commercial (APN: 011-090-002, -003) and is conveniently situated to serve Hanford, Lemoore, Armona, and surrounding communities. Contact for pricing on build-to-suit options.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.