116 W 6th St
Hanford, CA 93230
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Property in Historic Part of Hanford
- Property Has Been Renovated
- Property Comes with a 5,000 Square Foot Basement
EXECUTIVE SUMMARY
Prime Retail Storefront Location! Located in the Heart of Hanford CA. 15,000 Sqft. Comes with a 5,000 Sqft Basement as Well. Long Term Tenant in Place. Leased Till 2037. Property is Currently Generating $11,000 a Month Triple Net. Tenant Pays All. 5.5% Cap. Property is Also In Historic Part of Hanford. Feel Free to Contact Broker for Any Questions. Broker Can Show at Anytime. Please do not disturb tenant!
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
15,000 SF
Building Class
C
Year Built/Renovated
1943/2006
Price
$2,400,000
Price Per SF
$160
Cap Rate
5.50%
NOI
$132,000
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.34 AC
Zoning
Commercial - Downtown Hanford with Commercial zoning which allows for retail, service and office uses.
Frontage
99’ on 6th Street
AMENITIES
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 012-054-014-000 | Improvements Assessment | $284,395 |
| Land Assessment | $139,295 | Total Assessment | $423,690 |
