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150 S 11th Ave 28,121 SF Retail Building Hanford, CA 93230 $5,410,354 CAD ($192.40 CAD/SF)

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Investment Highlights

Value-Add Deal – Potential for Lease-Up or Redevelopment - Zoned Regional Commercial
Positioned on the Hard Corner Signalized Intersection of S 11th Ave & W 5th St
0.5 Miles from Hanford Town Center – Smart & Final! Anchored Community Center

28,121 SF Building on 2.70 Acre Parcel w/Pole Signage – 1978 Construction
Adjacent to California State Route 198 – 32,100 + VPD – 180 Feet of Highway Frontage
0.5 Miles from Adventist Health Hanford – 173 Bed General Acute Care Hospital

Executive Summary

The Snyder Carlton National Net Lease Team is pleased t offer investors the opportunity to acquire a vacant big box retail asset in Hanford, CA. The 28,121 SF former Big Lots is positioned on a large 2.7-acre parcel on the hard corner signalized intersection of S 11th Avenue and W 5th Avenue. The property is adjacent to California State Route 198 which sees over 32,100 VPD and is positioned between Hanford’s downtown area and the 12th Avenue Retail Corridor, the busiest retail trade area in the county. The 12th Avenue retail corridor is home to the 500,000 SF Hanford Mall and numerous national retailers including The Home Depot, Lowe’s Home Improvement, Walmart Supercenter, Target, McDonald’s, In-N-Out Burger, Panera Bread, Starbucks, Chipotle and more. Additionally, the subject property is half a mile from the 173-bed Adventist Health Hanford Hospital and the Smart & Final! Anchored Hanford Town Center. Don’t miss out on this opportunity to purchase a vacant big box retail asset in California’s Central Valley offering value add potential for a savvy investor.

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Storefront

Building Size

28,121 SF

Building Class

Year Built

1978

Price

$5,410,354 CAD

Price Per SF

$192.40 CAD

Tenancy

Single

Building Height

1 Story

Loading Docks

1 Exterior

Building FAR

0.24

Lot Size

2.70 AC

Zoning

C-2

Parking

109 Spaces (3.92 Spaces per 1,000 SF Leased)

Frontage

184’ on 11th Ave

Space Availability

Space
Size
Space Use
Position
Available

1st Floor
28,121 SF
Retail
End Cap
Now

Former Big Lots space offering a large open floor plan suitable for retail, fitness, entertainment, medical, or showroom uses. The suite features high ceilings, dock-high loading, and access to prominent pylon signage. The property is located within an established shopping center that includes Cost Less Food Company, generating consistent daily traffic to the site. The space provides excellent visibility, strong access, and a dominant footprint within one of Hanford’s primary retail corridors.