Absolute NNN Lease 213 Center St 6,742 SF Office Building Hanford, CA 93230 $1,900,000 ($281.82/SF) 6.21% Cap Rate

Fully renovated 6,818 square feet free-standing office building with an absolute NNN lease! This highly flexible space has everything tenants require: multiple bullpen areas, eight individual offices, two reception areas, two storage rooms, two kitchenettes, a large breakroom, five private restrooms, and a private parking lot with twenty-nine spaces. The entire property has been renovated, with numerous improvements including a new HVAC, new carpet, interior and exterior painting, an upgraded fire suppression system, drought tolerant landscaping, LED exterior lighting, awning rebuild, and slurry sealing of the parking lot. The tenant, an established mental health services provider with $100M/year in revenue, is responsible for all maintenance and repairs, including roof and structural foundation. Four years remain on the lease, with one five-year option. This well-known building sits in the thriving downtown business district and is located fewer than 500 feet from the Hanford Police Department and U.S. Post Office.