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Investment Highlights

  • Approximately 16,750 square foot freestanding building
  • Ample parking available
  • Excellent visibility and access
  • High traffic, signalized intersection (±40,000 ADT)

Executive Summary

Colliers | Fresno is proud to present this former Rite Aid building, located at 707 W. Lacey Blvd. in Hanford, California at the southwest corner of Lacey Blvd. and 11th Avenue, available for sale or lease. This property is presently a freestanding single tenant and approximately 16,750 square feet. The property boasts excellent co-tenacy with many downtown businesses, as it is on the main commercial corridor on Lacey Blvd. Currently vacant, this site presents a unique owner/user or investment opportunity in one of the Central Valley’s growing communities.
The property offers abundant parking on the 1.475 acre parcel, with approximately ±40 parking stalls to provide ample parking for a single-tenant use in a mixed-use property. There are multiple ingress/egress access points into the former Rite Aid property, and is situated on the signalized corner of Lacey Blvd. and N. 11th Avenue.

Property Facts In Escrow

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Drug Store
Building Size
16,750 SF
Building Class
B
Year Built
1999
Percent Leased
85%
Tenancy
Multiple
Building Height
1 Story
Zoning
CC - Commercial

Amenities

  • Signalized Intersection
  • Drive Thru

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 2,500 SF
  • Retail
  • Outparcel
  • Now
Space Size Space Use Position Available
1st Floor 2,500 SF Retail Outparcel Now

1st Floor

Size
2,500 SF
Space Use
Retail
Position
Outparcel
Available
Now
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100

Nearby Major Retailers

Starbucks
Smart & Final
IHOP
Bank of America
Bank of Montreal
Citi
Bank of the Sierra
Westamerica Bank
Rent-A-Center
Banc of California

Property Taxes

Property Taxes

Parcel Number
012-261-039-000
Land Assessment
$1,703,134
Improvements Assessment
$1,863,876
Total Assessment
$3,567,010
  • Listing ID: 39793416

  • Date on Market: 3/16/2026

  • Last Updated:

  • Address: 707 W Lacey Blvd, Hanford, CA 93230

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