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Geta Xpress 480 N 11th Ave 2,800 SF Retail Building Hanford, CA 93230 $2,078,939 CAD ($742.48 CAD/SF) 6% Cap Rate
Investment Highlights
- Absolute NNN lease with zero landlord obligations for 100% passive income.
- Priced attractively below market for a drive-thru QSR in a strong retail corridor.
- Prime location on N 11th Ave with 17,100+ VPD and national retailers nearby.
- Long-term tenant with 20+ years at this location and operating since 1987.
- Over 65,000 residents within 5 miles and strong regional retail draw.
- Top 30% of ranked locations statewide, per Alphamaps.
Executive Summary
David Harrington
Matthews Real Estate Investment Services, Inc
License # 02168060, 01320460 (CA)
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245
(866) 889-0550
Matthews Real Estate Investment Services, Inc
License # 02168060, 01320460 (CA)
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,800 SF
Building Class
B
Year Built
1987
Price
$2,078,939 CAD
Price Per SF
$742.48 CAD
Cap Rate
6%
NOI
$124,736 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
0.36 AC
Amenities
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Getaexpress
- Retailer
- -
- -
- Apr 2022
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Getaexpress | Retailer | - | - | Apr 2022 |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 010-500-007-000 | Improvements Assessment | $847,417 CAD |
| Land Assessment | $496,436 CAD | Total Assessment | $1,343,853 CAD |
Property Taxes
Parcel Number
010-500-007-000
Land Assessment
$496,436 CAD
Improvements Assessment
$847,417 CAD
Total Assessment
$1,343,853 CAD
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Photos
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Geta Xpress | 480 N 11th Ave
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