Matthews Logo

Navigation Menu

480 N 11th Ave, Hanford, CA, 93230

Geta Xpress Japanese
$1,512,000

Key Information

Cap Rate
6%
$ per SF
$540
Tot. SF
2,800
Lot Size
0.35 Acres
Term Remaining
±2 Years
Type
Retail
NOI
$90,720

Highlights

  • Absolute NNN Lease – The property features a true absolute triple-net (NNN) lease structure with zero landlord obligations—providing investors with 100% passive income and long-term stability.
  • Established Long Term Operating History – GetaXpress Japanese has served the Hanford community since 1987 and has operated at this location for over 20 years, demonstrating decades of proven performance and deep roots within the local market. The longevity of occupancy underscores the strength of the site, the stability of the surrounding trade area, and the tenant’s long-term commitment to the area.
  • Attractively Priced QSR with Below-Market Rent – The offering includes a quick-service restaurant (QSR) asset positioned within a well-established shopping center, benefiting from strong retail synergy and consistent consumer traffic. The property is being offered at an attractive basis relative to comparable assets in the market, providing investors with compelling entry pricing. The site is dive-thru equipped.
  • Robust Demographics – Located along Hanford’s primary retail corridor, the property benefits from a strong regional draw within the greater Kings County trade area. As the largest city in Kings County , Hanford serves as the area’s primary commercial and retail hub. More than 65,000 residents live within a 5-mile radius , with additional consumer support from nearby communities including Lemoore and Corcoran. The area features stable household incomes consistent with the Central Valley market, supporting steady retail demand and long-term tenant performance.
  • Busy Retail Corridor – Strategically positioned along North 11th Avenue, one of Hanford’s primary commercial corridors, the property benefits from exceptional visibility and consistent daily traffic. West Lacey Boulevard sees more than 10,000 vehicles per day, while North 11th Avenue carries more than 17,100 vehicles per day , providing strong exposure at this heavily traveled retail intersection. The property is surrounded by established national and regional retailers including Smart & Final, Staples, Mister Car Wash, and 7-Eleven, reinforcing the strength of the retail corridor and driving consistent consumer traffic throughout the day. The site’s placement within Hanford’s established commercial hub supports long-term tenant performance and sustained visitation.

Photos

Location

Agents

Broker of Record

David Harrington

License # 01320460, 02168060 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245