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Shopping Regional

Hanford Mall with Sears and JCPenney Anchors

1675 W Lacey Blvd, Hanford, CA 93230

Listing Price: $27,613,802

Cap Rate
10.00%
Gross SF
306,636
Rentable SF
306,636
Price/Gross SF
$90.05
Lot Size
27.78 acres
Year Built
1993

Investment Overview

Market Dominant Regional Mall featuring the only movie theater in the trade area, the only sporting goods retailer, and the top grossing apparel retailer in the county. Outstanding in-place income plus substantial near term value add prospects. Rare opportunity for a true 10-CAP in California - contact broker for additional info.

Investment Highlights

  • Outstanding In-Place Income - True 10% CAP Rate
  • Immediate Value Add Potential Via Lease Up of Vacant Space and More (Inquire)
  • Dominant Regional Mall at Busiest Intersection in the County
  • Features Only Movie Theater and Sporting Goods Retailers in Trade Area as Well as Top Grossing Apparel Retailer
  • Property Retained 97% of Its Rent Roll During COVID-19 Pandemic

Exclusively Listed By

Financing By

Shopping Regional

Hanford Mall with Sears and JCPenney Anchors

Listing Price: $27,613,802

Cap Rate
10.00%
Gross SF
306,636
Rentable SF
306,636
Price/Gross SF
$90.05
Lot Size
27.78 acres
Year Built
1993

Investment Highlights

  • Outstanding In-Place Income - True 10% CAP Rate
  • Immediate Value Add Potential Via Lease Up of Vacant Space and More (Inquire)
  • Dominant Regional Mall at Busiest Intersection in the County
  • Features Only Movie Theater and Sporting Goods Retailers in Trade Area as Well as Top Grossing Apparel Retailer
  • Property Retained 97% of Its Rent Roll During COVID-19 Pandemic

Investment Overview

Market Dominant Regional Mall featuring the only movie theater in the trade area, the only sporting goods retailer, and the top grossing apparel retailer in the county. Outstanding in-place income plus substantial near term value add prospects. Rare opportunity for a true 10-CAP in California - contact broker for additional info.

Exclusively Listed By

Financing By

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