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Parcels Available For Ground Lease or Build To Suit in Hanford, CA

Listing was updated at: 08/01/2019
Parcels Available For Ground Lease or Build To Suit in Hanford, CA

Property Overview

Price/Rent PSF Inquire
Asset Type Land
Trade Type Lease
Acres Available 2.89
Date Available 08/01/2019
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Description

Location
These parcels are located on the southwest corner of of S 12th Avenue and W Hanford Armona Road in Hanford, California.

Lease
This property consists of multiple parcels totaling 2.89 Acres (125,832 SF) currently planned for a 3,000 SF Drive-Thru on the corner and a ±16,760 SF planned commercial retail shopping center. The Drive-Thru is available for either ground lease or build to suit, and the shopping center space is available for lease (BTS). Shovel-ready sites that is commercially zoned land with approved entitlements for potential Retail pads, shopping center spaces, Hotel, grocery and restaurants. Off site improvements (utilities, curb-gutter and paving) and environmental review has been completed. Located at the major North/South, East/West transportation corridors with high traffic counts. This property is a hub between Hanford, Lemoore, Armona and many more surrounding cities.

Ground Lease –
Drive-Thru: 20,701 SF lot (144.17’ x 143.58’) for $45,000/year NNN
Entire Property: Up to ±2.889 Acres 125,832 SF: Negotiable

Build To Suit –
Drive-Thru: 3,000 SF for $2.25/SF NNN
Shop Space: 2,500 - 13,760 SF for $1.75/SF NNN (warm shell condition)

Location

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