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Fully Leased Investment: ±2,400 SF Restaurant in Hanford, CA

$525,000

505 E 7th St, Hanford, CA 93230

Active
Last Updated: 04/10/2025

5.93

Cap Rate

31,146.44

NOI

Details:
Cap Rate:    5.93%
NOI:    $31,146.44
Building Size:    2,400 sqft
Lot Area:    0.172 acres
Occupancy:    100%
Units:    1
Highlights:
  • ±2,400 SF Clear Span Restaurant In Hanford, CA
  • Tenant Has Operated At This Location For 26 Years
  • Fully Leased Investment w/ Long-Term Tenant
  • Functional Retail Space | Easy To Rent
  • Long-Term Tenant | Low Turnover | Low Maintenance
  • Excellent Existing Signage | Requires Little Management
  • Easy Access to Highway 198 On/Off Ramps
  • Ample Parking, Quality Tenants, & Great Exposure
  • Lessor Owns All Equipment & Fixtures (See List)
Description:

100% Leased Investment Opportunity: Prime location offering ±2,400 SF retail space on ±0.1722 acres in the center of Hanford, CA. The property sits comfortably in Hanford’s primary retail area, and with its close proximity to a major highway access is easily accessible to motorists. Located in a very thirsty market for Retail spaces. Great visibility, convenient parking & easy access to CA-198 on/off ramps. Many front parking spaces available, and excellent existing signage.

Tenant Information: Asia Garden has been at this location since 1996 (26 years). Staple Chinese restaurant in Hanford, CA.

This property is located on 7th St Ave directly off CA-198 in Hanford, CA. The property is located North of CA-198, South of 9th St, West of 10th Ave, and East of Douty St. Centrally located near many national retailers they include Starbucks, Smart & Final, The Chicken Shack, Raising Cane's Chicken Finger's, Hanford Mall, and many more!

Map:
Documents:
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Sale_Brochure.pdf
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Location
Gallery