1679 Lacey Blvd, Hanford, CA 93230-5928
- Super regional malls
- 75,852 SF
- 6.85 lot acres
Current Use by Public Records
- Sears Appliance Repair / Home Appliance Store
- Spirit Halloween / (Bike/Boat/Book/etc) Store
Property Details for 1679 Lacey Blvd
- Year built
- 1999
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 6.85 lot acres
- Zone code
- RC
- Property type
- Super regional malls
- Property subtype
- Shopping centers
- APN
- 011-060-040-000
- APU
- 11060040000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Oct 14, 2021 | $25,000,000 | 3902 Annadale Lane LP | Hanford Mall 2020 LLC | Grant Deed | $11M · Poppy Bank |
| Dec 20, 2019 | $26,000,000 | Hanford Mall 2020 LLC | Passco Hanford Mall LLC | Grant Deed | $11.5M · Other Institutional Lenders |
| Nov 21, 2011 | — | Passco Hanford Mall LLC | Passco Diversified II Hm LLC | Grant Deed | $25.5M · Cantor Commercial Real Estate Lending LP |
| Jan 16, 2004 | — | Hanford Mall 5 LLC | Passco Hm LLC | Grant Deed · related | — |
| Nov 26, 2003 | — | Passco Hm LLC | Hanford Mall Partners LP | Grant Deed | $30M · German American Capital Corp |
Description
This exceptional retail opportunity presents a former Sears anchor space at the established Hanford Mall in Kings County. The property boasts a substantial 75,852 square feet of total building area, offering significant flexibility for a variety of retail uses. Built in 1999, this single-story building is currently available for lease as a single unit or can be demised into smaller spaces, with a minimum divisible unit size of 10,000 square feet. The maximum contiguous space available remains the entire 75,852 square feet, providing an unparalleled opportunity for a large-scale retailer or a collection of smaller tenants. This prime location within the Hanford Mall offers high visibility and access to a substantial customer base. The property's layout is adaptable to suit diverse retail needs, and interested parties are encouraged to inquire about available demising plans, construction timelines, lease rates, and potential tenant improvement allowances. This is a rare chance to secure a significant retail presence in a well-established shopping center. The property's size and location make it ideal for a variety of retail concepts, from large-format stores to a collection of smaller businesses. Further details regarding lease terms and customization options are available upon request.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $15,695,000
- 6.5%
- $14,490,000
- 7%
- $13,455,000
-
Alternative Use
- Use
- Estimation
- RESTAURANT
- $13,750,000
- COMMERCIAL (GENERAL)
- $13,670,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Hanford
- County
- Kings
- State
- California
- Longitude
- -119.67
- Latitude
- 36.327
- CBSA code
- 25260
- CBSA name
- HANFORD-CORCORAN, CA METROPOLITAN STATISTICAL AREA
