480 North 11th Avenue

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480 North 11th Avenue

Hanford, CA 93230
Asking Price
$1.51M
Cap Rate
6%
Asset Type
QSR/Fast Food Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Quick-service restaurant available for purchase in Hanford, California.
  • Property features an established drive-thru lane for high-volume service.
  • Tenant maintains over twenty years of operational history onsite.
  • Investment opportunity offered at a six percent capitalization rate.
  • Absolute NNN lease structure minimizes landlord management responsibilities.
  • Asking price for this retail asset is 1,512,000 dollars.

What's Special

Investors seeking an absolute NNN retail asset should consider this fast food property at 480 North 11th Avenue in Hanford, California. This quick-service restaurant site features an existing drive-thru and is occupied by a tenant with over twenty years of history at the location. The property serves the regional Hanford market, which functions as a central agricultural and commercial hub within the San Joaquin Valley. Given the NNN lease structure and the established operational history, the asset is positioned as a reliable addition for portfolios focused on passive income or long-term net lease holdings. The site layout supports efficient high-volume traffic typical of the QSR sector, and the location provides necessary visibility within the surrounding community infrastructure. Its presence in a established California submarket highlights its utility for operators or investors looking for stable, income-producing commercial real estate in an active regional economic corridor.

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NOI
$80,000
Cap Rate
5.29%
DSCR
0.89
Underwater
Cash-on-Cash
-2.15%
Monthly Payment
$7,480.551
Annual Cash Flow
$-9,766.612

Location & Travel Times