480 N 11th Ave - Restaurant FOR SALE
Hanford, CA 93230 |
$1,475,000 USD
480 N 11th Ave
Hanford, CA 93230
HIGHLIGHTS
- Absolute NNN lease with zero landlord obligations for 100% passive income.
- Long-term tenant with 20+ years at this location and operating since 1987.
- Priced attractively below market for a drive-thru QSR in a strong retail corridor.
- Over 65,000 residents within 5 miles and strong regional retail draw.
- Prime location on N 11th Ave with 17,100+ VPD and national retailers nearby.
- Top 30% of ranked locations statewide, per Alphamaps.
FOR SALE DETAILS
PRICE
$1,475,000 USD
PRICE/SF
$527 USD /SF
CAP RATE
6.15%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Geta Xpress
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1987
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.36 AC
LAND SF
15,638 SF
ZONING
CC
APN/PARCEL ID
010-500-007-000
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