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116 W 6th St 15,000 SF Retail Building Hanford, CA 93230 $3,350,208 CAD ($223.35 CAD/SF) 5.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Property in Historic Part of Hanford
  • Property Has Been Renovated
  • Property Comes with a 5,000 Square Foot Basement

EXECUTIVE SUMMARY

Prime Retail Storefront Location! Located in the Heart of Hanford CA. 15,000 Sqft. Comes with a 5,000 Sqft Basement as Well. Long Term Tenant in Place. Leased Till 2037. Property is Currently Generating $11,000 a Month Triple Net. Tenant Pays All. 5.5% Cap. Property is Also In Historic Part of Hanford. Feel Free to Contact Broker for Any Questions. Broker Can Show at Anytime. Please do not disturb tenant!

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
15,000 SF
Building Class
C
Year Built/Renovated
1943/2006
Price
$3,350,208 CAD
Price Per SF
$223.35 CAD
Cap Rate
5.50%
NOI
$184,261 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.34 AC
Zoning
Commercial - Downtown Hanford with Commercial zoning which allows for retail, service and office uses.
Frontage
99’ on 6th Street

AMENITIES

  • Signage
  • Air Conditioning

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • 15,000 SF
  • -
  • Triple Net
  • Jun 2037

You will find what you are looking for at Ideal Furniture Galleries. From classic to the latest on-trend designs, you’ll find both. Name brand furniture, home décor, mattresses and appliances are thoughtfully arranged in room settings to help you visualize having the items in your home. Their sales staff will work with you to select pieces that fit your style, your home and your budget. You can be confident that when you purchase at Ideal Furniture you are getting the best overall value in town. Seven showrooms across Central California are waiting for you to explore and find the next addition for your home. Whether it’s just a lamp or whole room of furniture they look forward to helping you fulfill your dreams of a beautiful home.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer 15,000 SF - Triple Net Jun 2037
Walk Score®
Walker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Golden 1 Credit Union
Mechanics Bank
Citi
Bank of the Sierra
Bank of America
Bank of Montreal
Chase Bank
Banc of California
IHOP
Derrel's Mini Storage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
012-054-014-000
Land Assessment
$314,665 CAD
Improvements Assessment
$1,503,398 CAD
Total Assessment
$1,818,063 CAD
  • Listing ID: 35241334

  • Date on Market: 2025-03-24

  • Last Updated:

  • Address: 116 W 6th St, Hanford, CA 93230

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