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Investment Highlights
- Positioned in Hanford’s most active commercial areas, offer businesses excellent visibility, convenient access & strong surrounding customer base
- The area surrounding the Property benefits from strong, stable household demographics that support sustained commercial demand.
- Hanford benefits from a well-rounded economic base anchored by healthcare, agriculture, government, logistics, and advanced manufacturing.
Executive Summary
Colliers | Fresno is pleased to exclusively offer the investment opportunity to acquire the Mall Drive Office Complex (the “Property”), a 18,167 total square-foot complex that is comprised of two (2) medical/office buildings located in the City of Hanford, California. The property is across the street south of the signalized corner of Lacey Blvd. and Mall Drive.
Property Facts
| Price | $6,125,000 | Number of Properties | 2 |
| Price / SF | $337.15 / SF | Individually For Sale | 0 |
| Cap Rate | 6.85% | Total Building Size | 18,167 SF |
| Sale Type | Investment NNN | Total Land Area | 1.72 AC |
| Status | Active |
| Price | $6,125,000 |
| Price / SF | $337.15 / SF |
| Cap Rate | 6.85% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 18,167 SF |
| Total Land Area | 1.72 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 325 Mall Dr, Hanford, CA 93230 | Office | 11,719 SF | 2008 | - |
| 307 Mall Dr, Hanford, CA 93230 | Office | 6,448 SF | 2008 | - |
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