Fully Remodeled Office/Retail Suites in Hanford, CA

This property is located on 11th Ave directly off CA-198 in Hanford, CA. The property is located North of Lacey Blvd, South of Grangeville Blvd, West of 10th Ave, and East of 12th Ave. Centrally located near many national retailers that include Starbucks, McDonalds, Smart & Final, Burger King, Target, Applebee's, Save Mart, Dutch Bros, Bank of America, Wells Fargo, Chase, The Chicken Shack, Raising Cane's Chicken Finger's, Hanford Mall, & many others!100% Leased Investment Opportunity: Prime location offering ±3,772 SF of multi-tenant retail shop spaces on ±0.219 acres in the center of Hanford, CA. Offers (7) easy-to-rent retail spaces leased to long-term tenants - including Farmers Insurance - on professionally drafted leases. 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. The value-add opportunity consists of addressing the under-market rent of (6) tenants, and experiencing (1) lease extension over the next 6-12 months. Value-add opportunity with actual rents of $42,024/year collected plus upside potential. After addressing the under market rents, the annual income is $50,400/year. Unique investment offering easy-to-rent small spaces within an under-built market offering a strong need for these type of units.Fully remodeled "Class A" office/retail suites in a highly visible location w/ multiple configurations from ±129 - 841 SF. Ideal small business suites featuring various size configurations, all-inclusive rate including utilities, common area, and various additional amenities at a fraction of the cost! Prime location near the City's epicenter of Downtown, just minutes from the Courthouse/City Hall. The building has easy access to rear parking lot plus ample street stalls and is perfect for attorney practice, medical uses, professional office, & more. The first-class recent remodel includes brand-new hard-surface flooring throughout, clean and upgraded restrooms, crown molding throughout, updated energy efficient features, LED lighting, fresh interior/exterior paint, secure metal doors, and lush landscaping.