410 N 11th Ave 5,400 SF 100% Leased Retail Building Hanford, CA 93230 $2,828,629 CAD ($523.82 CAD/SF) 6.67% Cap Rate

CHARLES H. LE, R.E. Broker/Civil Engineer at Beverly Hills Fabulous Estates, is proud to present a prime frontage retail pad at the 242,000 square foot Hanford Towne Centre. Three (3) popular national retailers occupy the building- ARSENIOS MEXICAN FOOD, ADVANCE AMERICA, and PIZZA HUT. The subject property is a highly visible 5,400 square foot 3 tenant building at the northwest corner of 11th Avenue and Lacy Blvd, in the City of Hanford, CA
Ease of ingress and egress with multiple access points off of both major arterials make the site very attractive to consumers. Lacy Blvd is the main retail corridor which leads directly into downtown Hanford to the east and to Hwy 41 to the west. 11th Avenue grants excellent access to Hwy 498 to the south.
The subject property is within the same shopping center as several national and regional tenants including 99 CENTS ONLY, STAPLES, STARBUCKS, ARBY’S, CARL’S JR., and FACTORY 2U. A point pad location within the Center, the tenants benefit from street exposure, abundance of parking, major signalized intersection, and excellent synergy with national co-tenants such as STARBUCKS, 99 CENTS ONLY STORE, STAPLES, ORCHARDS HARDWARE SUP- PLY, and CARL’S JR.
(1) Three (3) National Tenants on triple net leases with healthy rent escalations.
(2) Excellent Day Time Population within a one mile radius.
(3) Centrally located to service the housing and growth in all directions.
(4) Located in the heart of the Lacey Boulevard Retail Corridor.
(5) Adjacent to the Downtown Business District.
(6) Anchored by Staples, Orchard Supply Hardware, 99 Cent Only, Factory 2U, Starbucks Coffee, and Carl’s Jr.
(7) Approximately 20,000 average daily traffic counts on North 11th Street.
(8) The property is located in the Hanford Towne Center, at the busiest intersection in Hanford.
(9) Hanford has a very stable population, with many persons employed by various governmental agencies or the Navy, Hanford is ideally situated for the farming industries of the Central Valley.
Arsenio's Mexican Food is a fast-casual Mexican restaurants founded in Newbury Park, California in 1990 and headquartered in Irvine, California. The chain emphasizes fresh ingredients, and each restaurant features a self-serve salsa bar. The chain operates 256 restaurants in 29 states, and in 2010 opened a number of stores in Dubai, including Burj Khalifa and Deira City Centre. Competitors include, Chipotle Mexican Grill, Qdoba Mexican Grill, and Rubio’s Fresh Mexican Grill.
Since 1997, millions of customers have trusted Advance America to provide flexible and personalized financial solutions to meet their needs. The Company has grown from just a few centers in the Southeast United States to become one of the nation’s largest consumer lending companies, with more than 2,400 locations offering a variety of financial services.
Pizza Hut is an American restaurant chain and international franchise that offers different styles of pizza along with side dishes including salad, pasta, buffalo wings, breadsticks, garlic bread and desserts. Corporately known as Pizza Hut, Inc., it is a subsidiary of Yum! Brands, Inc., the world’s largest restaurant company. As of 2012, there were more than 6,000 Pizza Hut restaurants in the United States, and more than 5,139 store locations in 94 other countries around the world.