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2601 N 11th Avenue - Fargo Crossing - Building 4, Hanford, CA

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2601 N 11th Avenue - Fargo Crossing - Building 4

Hanford, CA 93230 - Hanford/Armona Ret Submarket


Property Type:Retail Sub Type:Storefront Retail/Office Status:Existing Year Built:2007
Building Size:33,195 SF Land Area:8.61 AC (375,052 SF)
% Leased:
For Sale Price:$6,000,000 Price/SF:$180.75
Cap Rate:4.60 %
Smallest Space:1,600 SF Largest Space:4,070 SF Total Space Avail:7,333 SF Rent/SF/Yr:
$15.00 - $16.80
Parking:Free Surface spaces are available; Ratio of 1.29/1,000 SF


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 2nd
1,600 SF-3,263 SF
$15.00/SF/Yr
Vacant
Negotiable
Office
 2nd
4,070 SF
$16.80/SF/Yr
30 Days
Negotiable
Retail
 
10217868
11290401
Marketing Flyer Marketing Flyer  
Space Notes Space Notes  


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
2nd
1,600 SF-3,263 SF
$15.00/SF/Yr
Vacant
Negotiable
Office
2nd
4,070 SF
$16.80/SF/Yr
30 Days
Negotiable
Retail
This 8.61 acre parcel is well suited for a Grocery/Drug anchor tenant and is an excellent retail destination. This parcel has great visibility and easy access from 11th Avenue and a fully signalized intersection at Fargo Avenue.

Sale Notes:
Upside potential in this clean Class A Neighborhood Shopping Center. Proforma CAP at 7.28%. Upscale, fast growing NW area with impressive income demographics. Parcel C includes 4 retail buildings. Buildings 4-5 feature upstairs office space which overlooks the common plaza area. Only 25% vacancy with solid Tenants that include: Subway, Little Caesars, Yowserz Yogurt,Metro PCS plus CVS Pharmacy (not a part). Prime signalized hard corner with high daily traffic counts.

NEC Fargo and 11th

Zeeb Commercial Real Estate
Shari Aguirre
(559) 625-2128 x15


Zeeb Commercial Real Estate
Shari Aguirre
(559) 625-2128 x15



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