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Falling Prices 580 N 11th Ave 22,624 SF of Retail Space Available in Hanford, CA 93230
HIGHLIGHTS
- +/- 22,624 Square Feet of Anchor Retail Space
- Highly Visible Location off 11th ave and W. Lacey Blvd
- Close Proximity to Major Retailers, Restaurants, and Residential Areas
- Located in the Hanford Towne Center Shopping Center
- Average Daily Traffic Counts are 41,214 at Intersection
- Open Floor Plan Located at an End Cap that lends itself for a wide variety of uses
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 22,624 SF | Negotiable | $13.20 /SF/YR $1.10 /SF/MO $298,637 /YR $24,886 /MO | Triple Net (NNN) |
1st Floor
±22,624 SF anchor building located inside of Hanford Towne Center Outlet Mall. Space features 2 private restrooms, freight storage and receiving areas, and a large, open retail shopping area. NNN Rate: $0.40 Per SF.
- Lease rate does not include utilities, property expenses or building services
- Private Restrooms
- +/- 22,624 Square Feet of Anchor Retail Space
- Located in the Hanford Towne Center Shopping Cente
- Highly Visible Location off 11th ave and W. Lacey
- Average Daily Traffic Counts are 41,214 at Interse
- Close Proximity to Major Retailers, Restaurants, a
- Open Floor Plan Located at an End Cap that lends i
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 22,624 SF | Gross Leasable Area | 22,624 SF |
| Property Type | Retail | Total Land Area | 2.05 AC |
| Property Subtype | Freestanding | Year Built | 1994 |
| Total Space Available | 22,624 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 22,624 SF |
| Total Land Area | 2.05 AC |
| Year Built | 1994 |
ABOUT THE PROPERTY
Prime Hanford Shopping Outlet Retail Space is located in the heart of Hanford in one of the busiest shopping destinations. The space is ±22,624 SF and features an open floor plan perfect for retail shopping. It also features 2 private restrooms, office/break room with sink, locker room, a vast storage area equipped with shelving, roll up doors and ramps for shipment receiving, as well as a maintenance room. The building is within a ±89,298 SF lot that contains ample parking. The outlet center is located just off of SR 198 and surrounded by a vast number of retail stores, medical practices, and schools such as Staples, Smart & Final, CVS, Goodwill Superstore, Greenfield Medical Group, Adventist Health Home Care, Kids Dental Group, Woodrow Wilson Jr High School, Hanford West High School, and Hanford Adult School. This property is located in the center of Hanford off of N 11th Ave and W Lacey Blvd, just north of the 198. Location possesses a high traffic count of 45,140. It is inside of the Hanford Towne Center outlet mall that possesses quality tenants like Smart & Final, Staples, Fiesta Auto Insurance, The Chicken Shack, Carl’s Jr, Westamerica Bank, and Goodwill Superstore, among others. It is surrounded by schools including Woodrow Wilson Jr High School, Hanford West High School, and Hanford Adult School. Nearby national tenants include Port of Subs, McDonald’s, Rally’s, Kohl’s, Walmart Supercenter, In-N-Out, Lowe’s, Raising Canes, Starbucks, and PetSmart.
NEARBY MAJOR RETAILERS
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Falling Prices | 580 N 11th Ave
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