Northwood Plaza | Available For Sale

$2,500,000

SEC of 10th & Fargo, Hanford, CA

For Sale

Retail Neighborhood Center

Active

Last Updated: 11/29/2022

Details:

Cap Rate: 6.4%

NOI: $159,318

Building Size: 22,956 sqft

Lot Area: 2.46 acres

Occupancy: 51%

Year Built: 1995

Price Per Sqft: $109

Zoning: Neighborhood Commercial

Parking Spots: 120

Offered by

Michael Porte

Senior Vice President

Pearson Realty

Request Info to Unlock

Description:

■ Price - $2,500,000 ($109 PSF)

■ Building - 22,956± SF, 2 Retail Buildings & Kiosk

■ Cap Rate - 6.4%

■ Proformas - 10% Cap Rate (with 20% Vacancy)

■ Land - 2.46± AC

■ APN# 014-670-079, 080

■ Zoning - Neighborhood Commercial

■ Built - 1995

■ Multi-Tenant - Me N Ed’s, Cleaners, Day Care, Liquor and others

■ Ample Parking with 120 Parking Stalls

Note: Chevron Gas Station located on this site is not part of the sale.