805-298-1341
, Hanford, CA for Sale
Retail - FOR SALE
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Northwood Plaza Shopping Center
Hanford, CA


HIGHLIGHTS

  • Pro Forma NOI of ±$529,008.00
  • High-Visibility signalized intersection ±26,094 vehicles per day
  • Ancillary Income Opportunity - Landlord-owned laundromat featuring new Dexter machines
  • Future Value-Add Potential - With a high-demand location and potential for future rent escalations
  • Diverse Tenant Mix Ensuring Stable, Long-Term Income

OVERVIEW

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.

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Michael GeraghtyLuminis Properties Inc.More Info
805-298-1341

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Michael GeraghtyLuminis Properties Inc.More Info
805-298-1341

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.