Skip to main content

Shopping Regional

Hanford Mall

1675 W Lacey Blvd, Hanford, CA 93230

Listing Price: $29,900,000

Cap Rate
6.86%
Gross SF
306,082
Rentable SF
306,082
Price/Gross SF
$97.69
Lot Size
27.78 acres
Year Built
1993

Investment Overview

Marcus & Millichap is pleased to exclusively offer the fee simple interest in the Hanford Mall, a regional shopping center located in Hanford, California. The 306,082-square-foot offering includes two separately parceled anchor buildings, over 169,000 square feet of mall corridor shop space and an additional parcel consisting of approximately 1.97 acres of parking space. Major tenants include JC Penney, Big 5 Sporting Goods, Foot Locker and Ross. In addition to serving as the primary retail hub for residents in Kings County, Hanford Mall also draws shoppers from outlying areas of nearby Fresno and Tulare Counties. The retail center is located 15 minutes from Naval Air Station Lemoore (the Navy’s largest master jet base) and just over 30 miles south of the city of Fresno. Thanks to its exceptional location in Central California, the Hanford Mall represents a unique opportunity for an investor to add further value to an already market-dominant asset.

Investment Highlights

  • Market-Dominant Retail Hub Serving Residents in Kings, Fresno and Tulare Counties
  • Major Tenants Include JC Penney, Big 5 Sporting Goods & Ross
  • Substantial Near-Term Value Add Potential via the Repositioning of the Former Sears Anchor Building

Exclusively Listed By

Financing By

Shopping Regional

Hanford Mall

Listing Price: $29,900,000

Cap Rate
6.86%
Gross SF
306,082
Rentable SF
306,082
Price/Gross SF
$97.69
Lot Size
27.78 acres
Year Built
1993

Investment Highlights

  • Market-Dominant Retail Hub Serving Residents in Kings, Fresno and Tulare Counties
  • Major Tenants Include JC Penney, Big 5 Sporting Goods & Ross
  • Substantial Near-Term Value Add Potential via the Repositioning of the Former Sears Anchor Building

Investment Overview

Marcus & Millichap is pleased to exclusively offer the fee simple interest in the Hanford Mall, a regional shopping center located in Hanford, California. The 306,082-square-foot offering includes two separately parceled anchor buildings, over 169,000 square feet of mall corridor shop space and an additional parcel consisting of approximately 1.97 acres of parking space. Major tenants include JC Penney, Big 5 Sporting Goods, Foot Locker and Ross. In addition to serving as the primary retail hub for residents in Kings County, Hanford Mall also draws shoppers from outlying areas of nearby Fresno and Tulare Counties. The retail center is located 15 minutes from Naval Air Station Lemoore (the Navy’s largest master jet base) and just over 30 miles south of the city of Fresno. Thanks to its exceptional location in Central California, the Hanford Mall represents a unique opportunity for an investor to add further value to an already market-dominant asset.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower