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480 N 11th Ave
Hanford, CA 93230

$1,512,000 USD

Restaurant For Sale  •  3,200 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 2,800 SF
  • Lot Size 0.36 AC
  • Building Class B
  • Year Built 1987
  • Cap Rate 6.00 %
  • Tenancy Multiple
30 Transit Score
50 Walk Score

Highlights

Absolute NNN lease with zero landlord obligations for 100% passive income.
Long-term tenant with 20+ years at this location and operating since 1987.
Priced attractively below market for a drive-thru QSR in a strong retail corridor.
Over 65,000 residents within 5 miles and strong regional retail draw.
Prime location on N 11th Ave with 17,100+ VPD and national retailers nearby.
Top 30% of ranked locations statewide, per Alphamaps.
Cap Rate: 6.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Getaexpress 4/10/2022

Amenities

  • Drive Thru

Public Transportation

Commuter RailDriveWalkDistance
2 min 11 min 0.5 mi
AirportDriveWalkDistance
Fresno Yosemite International 52 min - 34.7 mi
Trevor DiSilva 714-332-6292 Matthews Real Estate Investment Services
Trevor DiSilva 714-332-6292 Matthews Real Estate Investment Services