Hanford Retail for Sale - Outlying Kings County

3,000 SF freestanding commercial building on approximately 0.17 acres located along Excelsior Avenue in Hanford, CA. The property is positioned in a rural commercial corridor serving the surrounding agricultural and residential community. The building offers functional space suitable for a variety of uses including retail, service business, storage, or owner-user occupancy. The site provides direct frontage on Excelsior Avenue with traffic counts ranging from approximately 3,000 to 4,000 vehicles per day. The property is located within the County’s Rural Commercial (CR) zoning, allowing for a broad range of commercial uses intended to serve the local population. This is a low-cost entry opportunity for an owner-user or investor seeking a flexible commercial asset at a price point significantly below replacement cost.

Date on Market:

2026-04-24

Hanford Retail for Sale - Hanford/Armona

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 Subtype:

Storefront

Date on Market:

2026-04-21

Hanford Retail for Sale - Hanford/Armona

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Bank of the Sierra located in Hanford, California. Bank of the Sierra has a successful operating history from this location that spans multiple decades. They are currently operating on a long-term lease through December 2041. The subject lease is absolute triple net and presents zero landlord responsibilities. Additionally, there are 2.25% annual rental escalations throughout the remaining primary term and two three-year renewal options. The lease is backed by a corporate guaranty from Sierra Bancorp. The tenant maintains an investment-grade BBB+ credit rating from Kroll Bond Rating Agency. Deposits for the location exceed $108,000,000. The 4,939 square-foot building is located along West Lacey Boulevard, which carries approximately 18,000 vehicles per day, and is situated just minutes from State Route 198 (38,000 vehicles per day) while also being directly adjacent to Hanford Amtrak Station. The property bene?ts from its position near Hanford Mall, a regional shopping destination occupied by Cinemark, Kohl’s, Bath & Body Works, Foot Locker, and Urban Air Trampoline Park. The site is also within proximity to Hanford West High School and Adventist Health Hanford, which generate consistent daily traffic. Surrounding national retailers include The Home Depot, Lowe’s, Target, ALDI, Walmart Supercenter, Old Navy, Marshalls, Michaels, PetSmart, and Harbor Freight, among many others. There are approximately 72,000 residents within a ?ve-mile radius of the property, those of which earn an average household income exceeding $90,000. Bank of the Sierra, a subsidiary of Sierra Bancorp (NASDAQ: BSRR), stands as the largest independent community bank headquartered in California’s southern San Joaquin Valley. Founded on September 14, 1977, in Porterville, California, with one branch, 11 employees, and $1.5 million in initial assets, the bank—headquartered at 86 N. Main Street in Porterville—has grown impressively to $3.83 billion in total assets (a strong 6.0% increase from $3.61 billion at December 31, 2024), nearly $3 billion in deposits, 35–36 full-service branches plus loan production offices, and approximately 476–500 employees as of late 2025. Serving retail and commercial banking needs across Tulare, Kern, Kings, Fresno, Ventura, San Luis Obispo, Santa Barbara, and Los Angeles counties

Property Subtype:

Bank

Date on Market:

2026-03-10

Hanford Retail for Sale - Hanford/Armona

Signalized Drive-Thru Corner – ±6,800 SF Freestanding Flagship Opportunity Summary 890 W Lacey Blvd is a rare freestanding, signalized-corner building on Hanford’s main commercial corridor, ±6,800 SF with existing drive-thru, high ceilings; mezzanine second floor. Currently occupied by a regional bank through September 1, 2026, delivering income for an owner-user or developer Next-generation flagship location at a fraction of ground-up cost. (Highlights / Features) Freestanding signalized-corner building on Hanford’s dominant east-west commercial artery ±6,800 SF of high-visibility retail/office space with existing drive-thru Dramatic open core with high ceilings and flexible two-level layout Horseshoe of second-floor offices ideal for studios, creative space, back-office, or VIP areas Pylon and building signage with multiple access points and ample parking Currently leased to a regional bank through September 1, 2026 – income today, clear path to occupancy Ideal for owner-user or developer with their own trending tenants in tow Perfect for fast-casual or drive-thru restaurant, boutique/functional fitness, wellness/medical, or financial/professional services Limited supply of comparable signalized-corner opportunities in the Hanford trade area

Property Subtype:

Bank

Date on Market:

2026-02-22

Hanford Retail for Sale - Hanford/Armona

Property Subtype:

Storefront

Date on Market:

2025-12-19

Hanford Retail for Sale - Hanford/Armona

Property is currently used by Kings Area Regional Transit as a Bus Depot. Owner will vacate prior to sale.

Property Subtype:

Freestanding

Date on Market:

2025-12-16

Hanford Retail for Sale - Hanford/Armona

Value-add investment opportunity: Freestanding building totaling ±21,450 SF office/retail investment on ±0.25 Acres (±11,250 SF) of General, Professional, and/or Retail space off N Douty Ave. Offers (7) economical separate spaces on the bottom floor 100% leased to long-term tenants on Gross lease forms with an average size of 983 SF per unit. Value-add opportunity with actual rents of $84,804/year collected plus upside potential. Unique investment offering easy-to-rent small office spaces all with existing water/drain lines in each room within an under-built market offering a strong need for these type of spaces. Upon a full remodel estimated to total $625K ($10/SF for the ground floor & $60/SF for the upstairs), and all spaces being leased out to achieve 100% occupancy at the rents of $2/SF Full Service upstairs and $1.15/SF downstairs, the proforma "all-in project cost" of $2,250,000 produces a 10.77% CAP rate and 10.77% Cash-on-cash return, based on $675K placed as a down payment. Fully vacant top floor consisting of (32) small easy-to-rent spaces. After leasing the vacancies, the realistic 6-12 month stabilized gross annual income is $290,041.32 (3.5x existing rent). The value-add opportunity consists of leasing (32) vacancies, and charging the customary "pass-through" expenses of Water, Sewer, Trash, and Gardening to eliminate these items from the Landlords ledger.

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-06-26

Hanford Portfolio of properties for Sale - Hanford/Armona

Presenting Northwood Plaza, a premier multi-tenant retail investment opportunity in the thriving city of Hanford, CA. This fully leased property, strategically positioned at 2425 & 2443 N 10th Ave, offers a pro forma NOI of ±$529,008.00, providing investors with a stable and predictable income stream. The ±29,456 SF across three well-maintained structures sits on ±2.46 acres at a high-traffic, signalized intersection with an impressive daily vehicle count of ±26,094, ensuring exceptional visibility and foot traffic. Anchored by a strong mix of long-term tenants, the center benefits from a diverse revenue stream and a well-maintained infrastructure, enhancing its appeal as a turnkey investment. A standout feature of the property is the landlord-owned laundromat, equipped with state-of-the-art Dexter machines, less than a year old. This additional income stream enhances the property's overall value and flexibility, with its inclusion in the sale being negotiable, providing buyers with multiple investment options. Key Investment Highlights: Pro Forma NOI: ±$529,008.00* (includes projected income from laundromat operations and a pending lease under negotiation) Fully Leased: 15 occupied units providing long-term cash flow stability High Visibility Location: Positioned at a major intersection with strong national retailers nearby, driving consistent traffic Turnkey Operation: Minimal capital expenditure required, with a well-maintained facility and ample parking Growth Potential: Hanford’s expanding residential and commercial developments offer future appreciation and rent growth opportunities This rare opportunity to acquire a fully stabilized retail center with optional ancillary income positions Northwood Plaza as an ideal asset for investors seeking stability, appreciation potential, and a strategic market presence in Central California. Contact us today for additional information or to schedule a private tour.

Date on Market:

2025-01-23