Northwood Plaza Shopping Center 3 Retail Properties in Hanford, CA

Presenting Northwood Plaza, a premier multi-tenant retail investment opportunity in the thriving city of Hanford, CA. This fully leased property, strategically positioned at 2425 & 2443 N 10th Ave, offers a pro forma NOI of ±$529,008.00, providing investors with a stable and predictable income stream.
The ±29,456 SF across three well-maintained structures sits on ±2.46 acres at a high-traffic, signalized intersection with an impressive daily vehicle count of ±26,094, ensuring exceptional visibility and foot traffic. Anchored by a strong mix of long-term tenants, the center benefits from a diverse revenue stream and a well-maintained infrastructure, enhancing its appeal as a turnkey investment.
A standout feature of the property is the landlord-owned laundromat, equipped with state-of-the-art Dexter machines, less than a year old. This additional income stream enhances the property's overall value and flexibility, with its inclusion in the sale being negotiable, providing buyers with multiple investment options.
Key Investment Highlights:
Pro Forma NOI: ±$529,008.00* (includes projected income from laundromat operations and a pending lease under negotiation)
Fully Leased: 15 occupied units providing long-term cash flow stability
High Visibility Location: Positioned at a major intersection with strong national retailers nearby, driving consistent traffic
Turnkey Operation: Minimal capital expenditure required, with a well-maintained facility and ample parking
Growth Potential: Hanford’s expanding residential and commercial developments offer future appreciation and rent growth opportunities
This rare opportunity to acquire a fully stabilized retail center with optional ancillary income positions Northwood Plaza as an ideal asset for investors seeking stability, appreciation potential, and a strategic market presence in Central California.
Contact us today for additional information or to schedule a private tour.